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J.P. Morgan Sticks to Its Hold Rating for Nissan Motor Co (NSANF)

Tipranks - Tipranks - Thu Jul 2, 5:10AM CDT

J.P. Morgan analyst Akira Kishimoto maintained a Hold rating on Nissan Motor Co today and set a price target of Yen350.00.

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Kishimoto covers the Consumer Cyclical sector, focusing on stocks such as Mitsubishi Motors, DENSO, and Nissan Motor Co. According to TipRanks, Kishimoto has an average return of 8.9% and a 62.96% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Nissan Motor Co with a Yen357.81 average price target.

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Based on Nissan Motor Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of Yen3429914000 thousand and a GAAP net loss of Yen282.87 billion. In comparison, last year the company earned a revenue of Yen3490007000 thousand and had a GAAP net loss of Yen676.05 billion

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