Toyota Motor Corp Ltd Ord (NYSE:TM) was upgraded by research analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday.

Other analysts also recently issued reports about the company. Jefferies Group LLC set a $116.00 target price on Toyota Motor Corp Ltd Ord and gave the company a “hold” rating in a research note on Saturday, June 10th. BidaskClub upgraded Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Daiwa Capital Markets downgraded Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded Toyota Motor Corp Ltd Ord from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research note on Thursday, July 13th. Finally, Bank of America Corporation downgraded Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 target price for the company. in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. Toyota Motor Corp Ltd Ord currently has an average rating of “Hold” and a consensus target price of $115.07.

Toyota Motor Corp Ltd Ord (NYSE TM) opened at 120.84 on Wednesday. Toyota Motor Corp Ltd Ord has a 52-week low of $103.62 and a 52-week high of $123.18. The firm has a market capitalization of $179.74 billion, a PE ratio of 10.51 and a beta of 0.63. The stock’s 50 day moving average price is $116.37 and its 200 day moving average price is $110.45.

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Several institutional investors have recently made changes to their positions in TM. Sei Investments Co. grew its stake in shares of Toyota Motor Corp Ltd Ord by 1,037.0% during the second quarter. Sei Investments Co. now owns 197,836 shares of the company’s stock valued at $20,778,000 after acquiring an additional 180,436 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Toyota Motor Corp Ltd Ord by 12.7% during the second quarter. Dimensional Fund Advisors LP now owns 831,797 shares of the company’s stock valued at $87,355,000 after acquiring an additional 93,907 shares in the last quarter. Credit Suisse AG grew its stake in shares of Toyota Motor Corp Ltd Ord by 380.0% during the first quarter. Credit Suisse AG now owns 62,212 shares of the company’s stock valued at $6,758,000 after acquiring an additional 49,251 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Toyota Motor Corp Ltd Ord by 64.4% during the first quarter. Ameriprise Financial Inc. now owns 93,515 shares of the company’s stock valued at $10,125,000 after acquiring an additional 36,645 shares in the last quarter. Finally, Trent Capital Management Inc. NC acquired a new stake in shares of Toyota Motor Corp Ltd Ord during the second quarter valued at about $3,407,000. Institutional investors own 0.81% of the company’s stock.

Toyota Motor Corp Ltd Ord Company Profile

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

Analyst Recommendations for Toyota Motor Corp Ltd Ord (NYSE:TM)

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