IT

Honda and Hitachi establish electric motor company

Honda and Hitachi establish electric motor company

(NYSE:MO), 9 have Buy rating, 1 Sell and 6 Hold. Analysts set a 12-month price target of $83.47 a share.

Several other analysts also recently weighed in on HMC. The new electric motor manufacturing facility will help Honda increase the number of all electric or hybrid vehicles it makes and also to increase the number of full electric or hybrid models it offers. BidaskClub downgraded shares of Honda Motor Company from a "sell" rating to a "strong sell" rating in a research note on Thursday, June 22nd. It increased, as 54 investors sold MO shares while 525 reduced holdings. The Forester Capital Management Ltd holds 131,732 shares with $4.28 million value, down from 146,626 last quarter. Bank of America downgraded Honda Motor Co Ltd (ADR) (NYSE:HMC) on Tuesday, May 31 to "Neutral" rating. Quadrant Capital Group LLC now owns 8,164 shares of the company's stock worth $238,000 after buying an additional 5,337 shares during the period. SG Americas Securities LLC acquired a new position in shares of Honda Motor Company during the first quarter valued at about $157,000. Nine Masts Capital Ltd sold 66,807 shares as Honda Motor Ltd (HMC)'s stock declined 12.43%. The stock of Honda Motor Co Ltd (ADR) (NYSE:HMC) earned "Sell" rating by UBS on Friday, May 27. 651,618 shares of the company traded hands. The share price has moved backward from its 20 days moving average, trading at a distance of -1.62% and stays -2.76% away from its 50 days moving average. The company has market cap of $49.89 billion.

Jaguar E-Pace - 150 prototypes, 120000 test hours
Jaguar says that the E-Pace has been through in excess of 120,000 hours of testing in total involving more than 500 engineers. Come hell or high water, Jaguar was determined to make sure the E-Pace would perform on- or off-road.

Honda Motor Company (NYSE:HMC) last issued its quarterly earnings results on Friday, April 28th. After $0.47 actual EPS reported by Honda Motor Co Ltd (ADR) for the previous quarter, Wall Street now forecasts 85.11% EPS growth. Honda Motor Company's revenue was up 2.9% on a year-over-year basis. The business had revenue of $3,763.40 billion during the quarter, compared to analyst estimates of $3,670.98 billion. During the same quarter in the prior year, the company earned ($51.85) EPS. Analysts have placed a $32.21 price target on Honda Motor Co., Ltd., suggesting a 17.6% gain from recent close.

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Kohli deflects question on Kumble saga
Earlier today, Kumble, the 46 year-old leg-spinner, withdrew from his post for the senior India Men's team, confirmed the BCCI. These need to be valued for the partnership to be effective. "It's not that the team is without a coach there".

Honda Motor Co., Ltd. (HMC) failed to surprise the stock market in its last reported earnings when it earned $0.85 a piece versus the consensus-estimated $0.87. The Company's divisions include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Firm produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.

Walgreens Boots Alliance, Inc. (WBA)
Following the completion of the transaction, the director now owns 21,887 shares of the company's stock, valued at $1,879,874.43. The Company operates through three segments: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.


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