CLSA Sticks to Their Sell Rating for Nissan Motor Co (NSANF)
CLSA analyst Christopher Richter maintained a Sell rating on Nissan Motor Co today and set a price target of Yen270.00. The company’s shares closed yesterday at $2.46.
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Richter covers the Consumer Cyclical sector, focusing on stocks such as Toyota Motor, General Motors, and Nissan Motor Co. According to TipRanks, Richter has an average return of 5.2% and a 61.76% success rate on recommended stocks.
Nissan Motor Co has an analyst consensus of Hold, with a price target consensus of $2.27.
Based on Nissan Motor Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3490007000 thousand and a GAAP net loss of $676.05 billion. In comparison, last year the company earned a revenue of $3514310000 thousand and had a net profit of $101.3 billion
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