Nissan (OTCMKTS:NSANY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Friday.
According to Zacks, “Nissan Motor Company, Ltd. manufactures and markets motor vehicles and parts. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance and industrial and textile equipment. Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent. “
Separately, ValuEngine downgraded Nissan from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 9th.
Nissan (OTCMKTS:NSANY) last posted its earnings results on Thursday, February 8th. The company reported $1.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.92. The business had revenue of $25.48 billion during the quarter, compared to analyst estimates of $26.13 billion. Nissan had a return on equity of 13.60% and a net margin of 6.89%. equities research analysts forecast that Nissan will post 3.37 earnings per share for the current year.
Nissan 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.
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