Suzuki Motor (OTCMKTS:SZKMY) Raised to Strong-Buy at Sanford C. Bernstein

Suzuki Motor (OTCMKTS:SZKMY) was upgraded by Sanford C. Bernstein to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Suzuki Motor Stock Up 4.2 %

Shares of SZKMY stock opened at $46.14 on Monday. The stock’s fifty day moving average price is $48.14 and its 200 day moving average price is $45.40. Suzuki Motor has a 1-year low of $37.73 and a 1-year high of $53.83. The company has a market cap of $22.66 billion, a price-to-earnings ratio of 14.10 and a beta of 0.84. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.58 and a quick ratio of 1.17.

Suzuki Motor (OTCMKTS:SZKMY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.25. On average, research analysts expect that Suzuki Motor will post 5.11 earnings per share for the current fiscal year.

About Suzuki Motor

Suzuki Motor Corporation engages in the manufacturing and marketing of automobiles, motorcycles, and marine products in Japan, rest of Asia, Europe, North America, and internationally. It offers mini-vehicles, sub-compact vehicles, standard-sized vehicles, outboard motors, motorized wheelchairs, and electro senior vehicles.