Nissan Motor (OTCMKTS:NSANY) Downgraded by Morgan Stanley to “Weight”

Morgan Stanley lowered shares of Nissan Motor (OTCMKTS:NSANY) from an equal rating to a weight rating in a research report released on Thursday, September 5th, Automated Import reports.

NSANY has been the topic of several other reports. Macquarie cut shares of Nissan Motor from a neutral rating to an underperform rating in a research note on Tuesday, May 14th. Zacks Investment Research raised shares of Nissan Motor from a sell rating to a hold rating in a research note on Thursday, August 15th. Finally, UBS Group upgraded shares of Nissan Motor from a sell rating to a buy rating in a report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $19.00.

Shares of NSANY opened at $13.27 on Thursday. The firm has a market capitalization of $25.41 billion, a P/E ratio of 7.37, a P/E/G ratio of 2.11 and a beta of 0.94. The company has a 50-day simple moving average of $12.69 and a 200-day simple moving average of $14.73. Nissan Motor has a 52 week low of $12.00 and a 52 week high of $19.69. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.31 and a current ratio of 1.50.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.23). The firm had revenue of $21.59 billion for the quarter, compared to the consensus estimate of $24.15 billion. Nissan Motor had a return on equity of 5.11% and a net margin of 1.86%. As a group, equities analysts forecast that Nissan Motor will post 0.66 earnings per share for the current year.

About Nissan Motor

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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