Yamaha Motor (YAMHF) Raised to Hold at Zacks Investment Research

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Yamaha Motor (OTCMKTS:YAMHF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Saturday.

According to Zacks, “Yamaha Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automotive engine and transportation equipment. Its operating segment consists of Motorcycles, Marine Products, Power Products, Industrial Machinery and Robots and Others. Motorcycles segment includes motorcycles and knockdown parts for overseas production. Marine Products segment consists of outboard motors, personal watercraft, pleasure-use boats, fiberglass-reinforced plastic pools, fishing boats, utility boats and diesel engines. Power Products segment comprises of all-terrain vehicles, side-by-side vehicles, snowmobiles, golf cars, generators, small-sized snow throwers and multipurpose engines. Industrial Machinery and Robots segment covers electric actuators. Others segment includes surface mounters, automotive engines, electrically powered wheelchairs and industrial unmanned helicopters. Yamaha Motor Co., Ltd. is headquartered in Iwata, Japan. “

Separately, ValuEngine lowered Yamaha Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd.

OTCMKTS:YAMHF traded down $1.27 during mid-day trading on Friday, hitting $20.50. 100 shares of the company’s stock traded hands, compared to its average volume of 246. Yamaha Motor has a twelve month low of $18.00 and a twelve month high of $32.64. The firm has a market capitalization of $7.62 billion, a P/E ratio of 7.71, a P/E/G ratio of 1.99 and a beta of 1.19.

About Yamaha Motor

Yamaha Motor Co, Ltd., together with its subsidiaries, develops, produces, and sells motorcycles, marine products, power products, and industrial machinery and robots, and other products in Japan, North America, Europe, other Asian countries, and internationally. It offers commuter vehicles; recreational vehicles comprising all-terrain vehicles, off-highway vehicles, and snowmobiles; and cruising, fishing, and wakeboard towing boats.

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