Mitsubishi Motors (MMTOF) Receives a Higher Rating From Nomura. What’s The Reasoning Behind This Move?

Mitsubishi Motors Corporation (OTCMKTS:MMTOF) Logo

Mitsubishi Motors (MMTOF) Stock Upgrade

Nomura has increased shares of Mitsubishi Motors (MMTOF) stock to a “Neutral” in an analyst report sent to investors and clients today. MMTOF’s past rating was only a “Reduce”.

The stock decreased 1.19% or $0.07 during the last trading session, reaching $5.83. About 1,119 shares traded. Mitsubishi Motors Corporation (MMTOF) has 0.00% since December 12, 2017 and is . It has by 0.00% the S&P500.

Mitsubishi Motors Corporation, together with its subsidiaries, designs, develops, makes, assembles, markets, and sells automobiles, and related component and replacement parts in Asia, Europe, North America, and internationally. The company has market cap of $8.92 billion. The company's products include cars and motors vehicles; and automobile engines, transmissions, and press parts. It has a 8.61 P/E ratio. It is also involved in the automobile transport, maintenance, and sale activities.

More notable recent Mitsubishi Motors Corporation (OTCMKTS:MMTOF) news were published by: Seekingalpha.com which released: “Renault-Nissan-Mitsubishi alliance to live on – Seeking Alpha” on November 29, 2018, also Seekingalpha.com with their article: “Ghosn still steering Renault-Nissan-Mitsubishi alliance – Seeking Alpha” published on September 26, 2018, Seekingalpha.com published: “Geely Benefits From Ghosn’s Fall – Seeking Alpha” on November 20, 2018. More interesting news about Mitsubishi Motors Corporation (OTCMKTS:MMTOF) were released by: Seekingalpha.com and their article: “Renault-Nissan-Mitsubishi alliance to continue – Seeking Alpha” published on June 22, 2018 as well as Seekingalpha.com‘s news article titled: “Hyundai Motor: An Interesting Automaker Investment – Seeking Alpha” with publication date: March 29, 2017.

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