In a report released yesterday, Kei Nihonyanagi from Bank of America Securities reiterated a Buy rating on Toyota Motor (TM – Research Report), with a price target of $167.72. The company’s shares closed yesterday at $143.59.
According to TipRanks, Nihonyanagi is a 2-star analyst with an average return of 0.7% and a 57.14% success rate.
Toyota Motor has an analyst consensus of Moderate Buy, with a price target consensus of $167.72.
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Toyota Motor Corp. manufactures and sells passenger and commercial vehicles, as well as related parts and accessories. It operates through the following segments: Automotive (includes sales from vehicles and parts), Financial Services (provides financing to purchase or lease Toyota vehicles), and All Other (prefabricated housing and information technology related businesses). The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan.
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