Zacks Investment Research upgraded shares of SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) from a hold rating to a strong-buy rating in a report published on Wednesday, Zacks.com reports. They currently have $199.00 price target on the stock.

According to Zacks, “Suzuki Motor Corporation manufactures and markets motorcycles, automobiles and marine and power products. It provides terrain vehicles, mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, engines for snowmobiles, electro senior vehicles and houses, as well as boats, motorized wheelchairs, electro-scooters, industrial equipment. The company operates primarily in Japan, Europe, Asia and internationally. Suzuki Motor Corporation is headquartered in Hamamatsu, Japan. “

Separately, ValuEngine upgraded shares of SUZUKI MTR CORP/ADR from a sell rating to a hold rating in a research note on Wednesday, October 2nd.

SZKMY stock traded up $3.35 during midday trading on Wednesday, hitting $170.36. The stock had a trading volume of 9,920 shares, compared to its average volume of 4,854. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of 8.16, a price-to-earnings-growth ratio of 3.17 and a beta of 0.28. The business has a 50-day moving average of $182.09 and a two-hundred day moving average of $173.01. SUZUKI MTR CORP/ADR has a 52-week low of $142.51 and a 52-week high of $218.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.24 and a quick ratio of 0.97.

SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $3.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $1.73. The business had revenue of $7.90 billion during the quarter, compared to the consensus estimate of $7.77 billion. SUZUKI MTR CORP/ADR had a return on equity of 11.92% and a net margin of 3.30%. Research analysts predict that SUZUKI MTR CORP/ADR will post 12.73 earnings per share for the current year.

About SUZUKI MTR CORP/ADR

Suzuki Motor Corporation manufactures and sells automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, all-terrain vehicles, outboard motors, motorized wheelchairs, electro senior vehicles, and houses.

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