Toyota Motor Corporation (NYSE:TM) has announced a new zero-emission concept that will be unveiled at the Geneva Motor Show next month. The Toyota i-TRIL Concept was developed by the company’s European division Toyota Motor Europe (TME) in collaboration with the company’s ED² design studio in Nice. It features three seats (1+2) and is powered by electric motor. “Another Toyota highlight in Geneva will be the world premiere of the i-TRIL Concept. Developed by Toyota Motor Europe (TME) in collaboration with the company’s ED² design studio in Nice, this electric motor powered concept showcases numerous innovative aspects of Toyota’s research into ever better and more engaging environmentally-friendly mobility solutions.
Toyota Motor Corporation (NYSE:TM) on Friday closed at $113.77. Stock institutional ownership is 1.00% while insider ownership includes 8.50%. Toyota Motor Corporation (NYSE:TM) distance from 50-day simple moving average (SMA50) is -3.36%.
Analyst’s Analysis on Toyota Motor Corporation (NYSE:TM)
Number of analysts are eying on this stock and after detailed observation, they have given the stock mean target price of $122.94 while their mean recommendation is 3.00 (1=Buy, 5=sell). The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.00 on scale of 1-5.
Sears Holdings Corporation (NASDAQ:SHLD) laid off about 130 corporate employees Thursday, part of a restructuring plan aimed at cutting at least $1 billion in costs this year. The 130 employees worked in various roles at Sears’ corporate offices, mostly in its Hoffman Estates headquarters, Sears spokesman Chris Brathwaite said. Sears Chairman and CEO Edward Lampert, in a letter to employees, said the job cuts were needed to “create a more nimble operating structure capable of driving the company’s strategic transformation forward.” Other steps in the restructuring are still being planned, Lampert said in the letter.
Sears Holdings Corporation (NASDAQ:SHLD)‘s shares on Friday traded in the range of 7.55 – 8.08 and ended up on $7.74. Sears Holdings Corporation (NASDAQ:SHLD) distance from 200-day simple moving average (SMA200) is -35.00%. SHLD’s sales growth for past 5 years was -10.00% and its EPS growth for past 5 years was -63.50%.
What Analysts Say About Sears Holdings Corporation (NASDAQ:SHLD)
Stock has got outperform rating from no analyst of Thomson Reuters whereas no analyst given hold rating to the stock. Analyst’s mean target price for the firm is $4.00 while analysts mean recommendation is 4.00.