Zacks Investment Research downgraded shares of Yamaha Motor (OTCMKTS:YAMHF) from a buy rating to a hold rating in a report released 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, Deutsche Bank reiterated a hold rating on shares of Yamaha Motor in a research report on Tuesday, October 24th.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Yamaha Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamaha Motor and related companies with MarketBeat.com's FREE daily email newsletter.