Zacks Investment Research downgraded shares of Suzuki Motor (OTCMKTS:SZKMY) from a buy rating to a hold rating in a report released on Wednesday. They currently have $270.00 target price on the stock.
According to Zacks, “Suzuki Motor Corporation manufactures and markets motorcycles, automobiles and marine and power products. It provides terrain vehicles, mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, engines for snowmobiles, electro senior vehicles and houses, as well as boats, motorized wheelchairs, electro-scooters, industrial equipment. The company operates primarily in Japan, Europe, Asia and internationally. Suzuki Motor Corporation is headquartered in Hamamatsu, Japan. “
Shares of Suzuki Motor (SZKMY) traded down $1.99 during mid-day trading on Wednesday, reaching $237.28. The company had a trading volume of 3,860 shares, compared to its average volume of 1,192. Suzuki Motor has a 52-week low of $147.99 and a 52-week high of $243.50. The company has a quick ratio of 1.41, a current ratio of 1.70 and a debt-to-equity ratio of 0.29.
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Suzuki Motor Company Profile
Suzuki Motor Corporation manufactures and markets automobiles, motorcycles, and marine and power products in Japan, Europe, rest of Asia, and internationally. It offers all-terrain vehicles, mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, engines for snowmobiles, electro senior vehicles, and houses, as well as motorized wheelchairs, industrial equipment, etc.
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