Analyst Price Targets — HMC
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| July 7, 2022 8:33 am | — | Jefferies | $31.51 | $23.83 | Benzinga | Jefferies Maintains Buy on Honda Motor Co, Raises Price Target to $31.51 |
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Latest News for HMC

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Honda Motor Co. (HMC, Financials) is seeking aid from suppliers to find more than $9 billion in savings as Chinese carmakers alter the economics of the global v

Japan's Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter.

After reaching an important support level, Honda Motor (HMC) could be a good stock pick from a technical perspective. HMC surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Honda Motor Co., Ltd. faces significant disruption from BEV write-offs, shifting U.S. trade policy, and consumer resistance to electric vehicles. HMC's pivot to hybrids and scrapping of BEV plans reflect unstable regulatory environments and weak BEV demand, impacting long-term strategy. Despite strong motorcycle sales and brand reputation, HMC's automotive margins remain pressured by global overcapacity and tariff…
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