Honda Motor (HMC) NewsBite - HMC Downgraded By Barclays Capital
Posted: Friday, June 12, 2009 2:10 PM EDT
By: Market Intelligence Center Staff
Honda Motor (HMC) was downgraded today by analysts at Barclays Capital and the stock is now at $28.71, down $0.61 (-2.07%) on volume of 491,491 shares traded. The analysts reduced the stock to Equal Weight from Overweight. Over the last 52 weeks the stock has ranged from a low of $17.35 to a high of $36.29. Honda Motor stock has been showing support around $28.73 and resistance in the $29.99 range. Technical indicators for the stock are bearish and S&P gives HMC a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on HMC the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Honda Motor (HMC) Stock ReportSee what our analysts have uncovered about Honda Motor (HMC).
More News For Honda Motor (HMC):
Honda Motor (HMC) Trading Near $35.76 Support Level
Wednesday, February 08, 2012... Honda Motor (NYSE:HMC) closed Tuesday's favorable trading session at $36.14. In the past year, the stock has hit a 52-week low of $27.52 and......
http://www.marketintelligencecenter.com/analyfav/1333185
Should Companies Keep Super Bowl Ads a Surprise?
Friday, February 03, 2012... This is a big weekend for sports lovers, as Super Bowl 46 will be held this Sunday at 6:30 p.m. ET. As with any championship game, the stakes are......
http://www.marketintelligencecenter.com/specialreports/1332494
Honda Motor (HMC)
Wednesday, January 18, 2012... The midsize auto segment is one of the most competitive in the auto industry and Honda (HMC) has found big success with the Accord. At this year's......
http://www.marketintelligencecenter.com/multiarticle.aspx?story=1327431&page=4
blog comments powered by