Toyota Industries Co. (OTCMKTS:TYIDY – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $120.4101, but opened at $127.95. Toyota Industries shares last traded at $127.95, with a volume of 442 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research raised Toyota Industries to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.
View Our Latest Stock Analysis on TYIDY
Toyota Industries Stock Performance
Toyota Industries Company Profile
Toyota Industries Corporation, headquartered in Kariya, Aichi Prefecture, Japan, traces its origins to Sakichi Toyoda’s Toyoda Automatic Loom Works founded in 1926. As the founding member of the Toyota Group, it has grown from a textile machinery manufacturer into a diversified industrial and automotive supplier. Throughout its history, Toyota Industries has emphasized innovation, quality management and continuous improvement to expand its global footprint.
The company’s Material Handling Equipment segment, marketed under the Toyota Material Handling brand, is a leading producer of forklift trucks, warehouse vehicles and automated guided vehicles.
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