Zacks Investment Research upgraded shares of Subaru (OTCMKTS:FUJHY) from a sell rating to a hold rating in a report issued on Monday, January 8th.
According to Zacks, “Subaru Corp. manufactures and distributes automobile products. The Company’s Automobile segment manufactures and sells vehicles and related products. Aerospace segment manufactures aircrafts, parts of space-related devices. Subaru Corp., formerly known as Fuji Heavy Industries Ltd., is based in SHIBUYA-KU, Japan. “
Separately, ValuEngine upgraded shares of Subaru from a hold rating to a buy rating in a report on Friday, December 1st.
Subaru (OTCMKTS:FUJHY) last issued its quarterly earnings data on Monday, November 6th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.42. Subaru had a net margin of 5.91% and a return on equity of 19.61%. research analysts anticipate that Subaru will post 1.3 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: This report was posted by BBNS and is the property of of BBNS. If you are reading this report on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The original version of this report can be viewed at https://baseballnewssource.com/markets/subaru-fujhy-upgraded-to-hold-at-zacks-investment-research/1821151.html.
SUBARU CORPORATION, formerly Fuji Heavy Industries Ltd., is a manufacturer of Subaru automobiles. The Company’s segments include Automobiles, Aerospace, Industrial products and Other. The Automobile segment manufactures and sells vehicles and related products. The Aerospace segment manufactures aircrafts, parts of space-related devices.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Subaru Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Subaru and related companies with MarketBeat.com's FREE daily email newsletter.