This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

OMX, HMC, LUB Receive Upgrades

NEW YORK ( TheStreet) -- Honda (HMC - Get Report), OfficeMax (OMX) and Luby's (LUB - Get Report) received upgrades from TheStreet Ratings on Friday.

Shares of Honda were upgraded to buy from hold by TheStreet Ratings on Friday.

"The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels," TheStreet Ratings wrote. "We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Honda has an estimated price-to-earnings ratio for next year of 11.62 times; the average for car companies is 15.42. For comparison, Toyota Motor's (TM) forward P/E is 14.89.

Analysts were split on Honda with one giving it a buy rating and another rating the stock a sell.

TheStreet Ratings gives Honda a B- grade with a buy rating and a $44.38 price target. The stock has risen 27.1% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
OMX $15.26 -0.26%
HMC $36.36 0.00%
LUB $5.52 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs