Morgan Stanley assumed coverage on shares of Nissan Motor (OTCMKTS:NSANY) in a research report issued on Tuesday, The Fly reports. The firm set an “underweight” rating on the stock.
Other equities analysts have also issued research reports about the company. Zacks Investment Research lowered Nissan Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, September 15th. CLSA raised Nissan Motor from an “underperform” rating to a “buy” rating in a research note on Thursday, July 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $12.00.
Shares of OTCMKTS:NSANY opened at $10.23 on Tuesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 1.38. The stock has a market capitalization of $21.59 billion, a price-to-earnings ratio of -40.92 and a beta of 1.24. The business’s fifty day moving average price is $10.38 and its two-hundred day moving average price is $10.34. Nissan Motor has a fifty-two week low of $6.93 and a fifty-two week high of $12.74.
Nissan Motor Company Profile
Nissan Motor Co, Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales segment handles sales finance and leasing business to support the sales activity of automobile business.
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