Are Analysts Bullish about Toyota Motor Corporation (NYSE:TM) after last week?

January 20, 2018 - By Peter Erickson

 Are Analysts Bullish about Toyota Motor Corporation (NYSE:TM) after last week?

Toyota Motor Corporation (NYSE:TM) Ratings Coverage

Among 9 analysts covering Toyota Motor Corporation (NYSE:TM), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Toyota Motor Corporation had 18 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Toyota Motor Corporation (NYSE:TM) has “Neutral” rating given on Wednesday, February 24 by Bank of America. The stock of Toyota Motor Corporation (NYSE:TM) earned “Outperform” rating by Macquarie Research on Friday, February 17. The firm has “Hold” rating by Jefferies given on Thursday, October 12. Bank of America downgraded the stock to “Underperform” rating in Tuesday, July 11 report. On Tuesday, August 15 the stock rating was maintained by Jefferies with “Hold”. The firm has “Neutral” rating given on Wednesday, August 19 by JP Morgan. The rating was downgraded by UBS on Friday, May 27 to “Sell”. The rating was downgraded by Citigroup on Thursday, August 25 to “Neutral”. The company was maintained on Monday, September 18 by Jefferies. The firm earned “Hold” rating on Friday, October 9 by Jefferies. Below is a list of Toyota Motor Corporation (NYSE:TM) latest ratings and price target changes.

10/11/2017 Broker: Jefferies Rating: Hold New Target: $132.73 Maintain
12/10/2017 Broker: Jefferies Rating: Hold New Target: $130.9 Maintain
04/10/2017 Broker: Citigroup Rating: Buy Upgrade
18/09/2017 Broker: Jefferies Rating: Hold New Target: $116.36 Maintain
15/08/2017 Broker: Jefferies Rating: Hold New Target: $116.36 Maintain

The stock increased 0.88% or $1.22 during the last trading session, reaching $139.85. About 170,634 shares traded or 12.88% up from the average. Toyota Motor Corporation (NYSE:TM) has risen 7.98% since January 20, 2017 and is uptrending. It has underperformed by 8.72% the S&P500.

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. The company has market cap of $207.59 billion. The firm operates through Automotive, Financial Services, and All Other divisions. It has a 12.04 P/E ratio. It offers hybrid cars under the Prius, Voxy/Noah, NX300h, RC300h, Esquire, Alphard, Vellfire, Sienta, RX-HV, Auris, C-HR, and LC names; fuel cell passenger vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla sedan, Yaris, Vitz, Aygo, Corolla Axio/Fielder, Porte, Spade, Auris, Etios, Vios, AGYA, and Yaris iA brand names.

More notable recent Toyota Motor Corporation (NYSE:TM) news were published by: Benzinga.com which released: “Jim Cramer Weighs In On Irhythm, Southwest Airlines, Toyota, And More” on January 11, 2018, also Benzinga.com with their article: “Autos Post Better-Than-Expected December Sales On GDP Growth, Tax Reform” published on January 03, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on January 10, 2018. More interesting news about Toyota Motor Corporation (NYSE:TM) were released by: Investorplace.com and their article: “Google Strikes Back: Alphabet Inc Plans A Massive Google Assistant Push” published on January 11, 2018 as well as Usnews.com‘s news article titled: “Amazon’s Alexa Is Coming to Toyota Vehicles” with publication date: January 10, 2018.

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