Analyst Rating Update on Toyota Motor Corp Ltd Ord (TM)

Toyota Motor Corp Ltd Ord (NYSE:TM) : 2 analysts are covering Toyota Motor Corp Ltd Ord (NYSE:TM) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Toyota Motor Corp Ltd Ord (NYSE:TM) : The most positive equity analysts on Toyota Motor Corp Ltd Ord (NYSE:TM) expects the shares to touch $115, whereas, the least positive believes that the stock will trade at $112 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $113.18 with an expected fluctuation of $1.92 from the mean.

Company shares have received an average consensus rating of Hold for the current week Also, UBS downgrades their rating on the shares of Toyota Motor Corp Ltd Ord (NYSE:TM). The current rating of the shares is Sell. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on May 27, 2016.

Toyota Motor Corp Ltd Ord (NYSE:TM): On Tuesdays trading session , Opening price of the stock was $98.96 with an intraday high of $99.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $98.39. However, the stock managed to close at $99.85, a loss of 0.41% for the day. On the previous day, the stock had closed at $100.26. The total traded volume of the day was 967,670 shares.

TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. The Company operates through three business segments. The Automobile segment is engaged in the design, manufacture and sale of car products, including sedans, minivans, 2BOX cars, sport-utility vehicles and trucks, as well as the related parts and accessories. The Finance segment is involved in the provision of financial services related to the sale of the Companys products, as well as the leasing of vehicles and equipment. The Others segment is involved in the design, manufacture and sale of housings, as well as the information and communication business.

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