-
Shares of Toyota Motor Corp (ADR) TM have been somewhat volatile in 2015.
- Since breaking below $114 in August, shares have recuperated more than 10 percent of their value.
- Now that the stock is trading above $125, the Vetr crowd seems to have become quite bullish on it, upgrading its rating from four stars to 4.5 stars.
On Wednesday, the Vetr crowd upgraded the stock from four stars to 4.5 stars, with 100 percent of the crowd's ratings being bullish. It should be noted that the site's algorithm considers several factors on top of Buy, Hold or Sell ratings to award stars.
Related Link: Vetr Crowd Even More Bullish On SolarCity
The Vetr crowd has established a $137.29 target price for the stock, which implies an upside potential of almost 10 percent from current prices. Wall Street is slightly more bullish, and sports an average price target of $145.27, according to Vetr's calculations.
A Quiet Semester
Wall Street does not seem particularly interested in Toyota. Over the past semester, only one major Wall Street research firm has issued a public rating for the company. This was Jefferies, which five months ago, upgraded the stock's rating from Hold to Buy.
Earlier this year, analysts UBS downgraded shares from Buy to Neutral.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.