Nissan Motor (NSANY) Downgraded to “Neutral” at Nomura

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 Company Profile

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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