Zacks Investment Research Upgrades SUZUKI MTR CORP/ADR (OTCMKTS:SZKMY) to Strong-Buy
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.
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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