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DBS Sticks to Their Hold Rating for Honda Motor Co (HNDAF)

Tipranks - Tipranks - Tue May 19, 9:32AM CDT

DBS analyst Elizabelle Pang maintained a Hold rating on Honda Motor Co on May 15 and set a price target of Yen1,080.00. The company’s shares closed last Friday at Yen1,430.00.

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Pang covers the Consumer Cyclical sector, focusing on stocks such as Hesai Group Sponsored ADR, Hesai Group Class B, and Tesla. According to TipRanks, Pang has an average return of 4.0% and a 58.12% success rate on recommended stocks.

Currently, the analyst consensus on Honda Motor Co is a Moderate Buy with an average price target of Yen1,480.71.

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Based on Honda Motor Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of Yen5820946000 thousand and a GAAP net loss of Yen889.38 billion. In comparison, last year the company earned a revenue of Yen5360042000 thousand and had a net profit of Yen30.57 billion

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