SUBARU CORP/ADR (OTCMKTS:FUJHY) Stock Rating Lowered by JPMorgan Chase & Co.

Posted by Joseph Griffin on Nov 21st, 2019

SUBARU CORP/ADR (OTCMKTS:FUJHY) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Thursday, The Fly reports.

A number of other equities research analysts also recently weighed in on the company. ValuEngine downgraded SUBARU CORP/ADR from a “hold” rating to a “sell” rating in a research report on Friday, October 25th. Zacks Investment Research raised SUBARU CORP/ADR from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Thursday, October 31st.

FUJHY stock opened at $13.29 on Thursday. SUBARU CORP/ADR has a twelve month low of $10.25 and a twelve month high of $14.51. The company has a market cap of $21.04 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 0.48 and a beta of 0.52. The business’s 50-day simple moving average is $13.91 and its 200 day simple moving average is $12.88. The company has a quick ratio of 1.43, a current ratio of 1.78 and a debt-to-equity ratio of 0.06.

An institutional investor recently raised its position in SUBARU CORP/ADR stock. Quadrant Capital Group LLC boosted its holdings in shares of SUBARU CORP/ADR (OTCMKTS:FUJHY) by 82.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,431 shares of the company’s stock after purchasing an additional 13,750 shares during the period. Quadrant Capital Group LLC’s holdings in SUBARU CORP/ADR were worth $364,000 as of its most recent SEC filing. 0.14% of the stock is owned by institutional investors.

SUBARU CORP/ADR Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products. It operates through three segments: Automotive, Aerospace Company, and Other Businesses. The company manufactures, repairs, and sells passenger cars and their components under the Subaru brand; airplanes, aerospace-related machinery, and components; industrial product parts and agricultural transmissions; forging parts of automobile and industrial machinery; and engines, repair parts, and remanufactured transmissions.