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Honda Motor Co (HNDAF) Receives a Buy from SMBC Nikko

Tipranks - Tue Jun 16, 5:48AM CDT

In a report released today, from SMBC Nikko maintained a Buy rating on Honda Motor Co, with a price target of Yen1,800.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honda Motor Co with a Yen1,522.97 average price target.

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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