Yamaha Motor Co (NASDAQ:YAMHF) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday, October 18th.
According to Zacks, “Yamaha Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automotive engine and transportation equipment. Its operating segment consists of Motorcycles, Marine Products, Power Products, Industrial Machinery and Robots and Others. Motorcycles segment includes motorcycles and knockdown parts for overseas production. Marine Products segment consists of outboard motors, personal watercraft, pleasure-use boats, fiberglass-reinforced plastic pools, fishing boats, utility boats and diesel engines. Power Products segment comprises of all-terrain vehicles, side-by-side vehicles, snowmobiles, golf cars, generators, small-sized snow throwers and multipurpose engines. Industrial Machinery and Robots segment covers electric actuators. Others segment includes surface mounters, automotive engines, electrically powered wheelchairs and industrial unmanned helicopters. Yamaha Motor Co., Ltd. is headquartered in Iwata, Japan. “
Yamaha Motor (NASDAQ YAMHF) remained flat at $29.50 during trading on Wednesday. The stock’s 50-day moving average price is $29.56 and its 200 day moving average price is $26.69. The firm has a market capitalization of $10.30 billion and a PE ratio of 12.19. Yamaha Motor has a 1-year low of $20.68 and a 1-year high of $30.85.
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