Equities Analysts Issue Forecasts for Nissan Motor Co Ltd’s FY2019 Earnings (NSANY)

Nissan Motor Co Ltd (OTCMKTS:NSANY) – Equities research analysts at Jefferies Financial Group lowered their FY2019 earnings per share (EPS) estimates for shares of Nissan Motor in a report released on Wednesday, December 5th. Jefferies Financial Group analyst T. Nakanishi now expects that the company will post earnings of $2.44 per share for the year, down from their prior forecast of $2.45.

Other analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Nissan Motor from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Saturday, August 18th. Nomura cut Nissan Motor from a “buy” rating to a “neutral” rating in a report on Monday, November 26th. Finally, Macquarie cut Nissan Motor from an “outperform” rating to a “neutral” rating in a report on Friday, November 23rd.

OTCMKTS:NSANY opened at $17.05 on Friday. Nissan Motor has a 12-month low of $16.28 and a 12-month high of $22.14. The stock has a market cap of $34.03 billion, a P/E ratio of 4.70, a price-to-earnings-growth ratio of 1.86 and a beta of 0.73.

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.

Recommended Story: How much can an individual set aside as a catch-up contribution?

Earnings History and Estimates for Nissan Motor (OTCMKTS:NSANY)

Receive News & Ratings for Nissan Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nissan Motor and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply