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Nissan Motor Co ( (JP:7201) ) has issued an update.
Nissan Motor Co., Ltd. has announced a comprehensive recovery plan named ‘Re:Nissan’ to address fiscal challenges and rising costs. The plan aims to achieve a total cost savings of 500 billion yen by fiscal year 2026 through aggressive variable and fixed cost reductions, including workforce reduction and manufacturing consolidation. The company is also redefining its market and product strategies to focus on core markets and strengthen partnerships with Renault and Mitsubishi Motors, ensuring a robust recovery and sustainable profitability.
The most recent analyst rating on (JP:7201) stock is a Hold with a Yen550.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.
More about Nissan Motor Co
Nissan Motor Co., Ltd. is a prominent player in the automotive industry, known for manufacturing a wide range of vehicles, including cars, trucks, and SUVs. The company focuses on innovation and market-specific strategies to cater to diverse customer needs across key markets such as the U.S., Japan, China, and Europe.
Average Trading Volume: 37,441,679
Technical Sentiment Signal: Sell
Current Market Cap: Yen1198B
See more insights into 7201 stock on TipRanks’ Stock Analysis page.