Shares of Honda Motor Co. (NYSE:HMC) gapped up before the market opened on Monday . The stock had previously closed at $24.64, but opened at $25.09. Honda Motor shares last traded at $25.78, with a volume of 637,283 shares trading hands.

Several analysts have commented on HMC shares. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Honda Motor in a research note on Monday, April 18th. Vetr downgraded Honda Motor from a “strong-buy” rating to a “buy” rating and set a $30.64 target price on the stock. in a research note on Tuesday, March 29th. Jefferies Group increased their target price on Honda Motor from $33.04 to $34.55 and gave the company a “buy” rating in a research note on Friday, May 13th. Bank of America Corp. downgraded Honda Motor from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 31st. Finally, Nomura Holdings Inc. downgraded Honda Motor from a “neutral” rating to a “reduce” rating in a research note on Friday, May 13th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $32.73.

The firm’s 50-day moving average is $26.24 and its 200-day moving average is $27.27. The stock has a market cap of $46.46 billion and a PE ratio of 13.64.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Friday, May 13th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by $0.97. During the same period last year, the business earned $54.30 earnings per share. The company had revenue of $3,657 billion for the quarter, compared to the consensus estimate of $127.48 billion. Equities analysts predict that Honda Motor Co. will post $2.53 earnings per share for the current fiscal year.

A number of institutional investors have modified their holdings of HMC. Bank of Montreal Can increased its position in shares of Honda Motor by 64.9% in the fourth quarter. Bank of Montreal Can now owns 37,941 shares of the company’s stock worth $1,213,000 after buying an additional 14,933 shares during the period. Stephens Inc. AR increased its position in shares of Honda Motor by 0.6% in the fourth quarter. Stephens Inc. AR now owns 68,113 shares of the company’s stock worth $2,175,000 after buying an additional 439 shares during the period. Comerica Bank increased its position in shares of Honda Motor by 3.3% in the fourth quarter. Comerica Bank now owns 99,360 shares of the company’s stock worth $2,870,000 after buying an additional 3,160 shares during the period. Community Financial Services Group LLC increased its position in shares of Honda Motor by 3.2% in the fourth quarter. Community Financial Services Group LLC now owns 121,448 shares of the company’s stock worth $3,878,000 after buying an additional 3,713 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Honda Motor by 40.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 226,081 shares of the company’s stock worth $7,219,000 after buying an additional 64,840 shares during the period.

Honda Motor Co, Ltd. (Honda), develops, produces and manufactures a range of motor products, ranging from small general-purpose engines and scooters to specialty sports cars. The Company has four segments: motorcycle business, automobile business, financial services business, and power product and other businesses.

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