Nissan Motor (OTCMKTS:NSANY) was downgraded by equities researchers at Nomura from a “buy” rating to a “neutral” rating in a report issued on Monday.
Other research analysts have also issued reports about the company. Zacks Investment Research raised Nissan Motor from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Saturday, August 18th. Macquarie lowered Nissan Motor from an “outperform” rating to a “neutral” rating in a report on Friday.
Shares of NSANY traded up $0.33 during mid-day trading on Monday, hitting $17.25. The company’s stock had a trading volume of 18,068 shares, compared to its average volume of 142,538. The stock has a market capitalization of $33.09 billion, a PE ratio of 4.75, a PEG ratio of 1.80 and a beta of 0.69. Nissan Motor has a 52-week low of $16.28 and a 52-week high of $22.14.
Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, and Datsun brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and other related component parts; automotive parts; industrial equipment engines and other related component parts, and axles; specially equipped vehicles; motorsports engines; and rechargeable lithium-ion batteries.
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