Toyota to Run North American Plants at 110% of Capacity

Published on Thu, 08/04/2011 - 13:35
By FNNO Staff in analysis, business, finance, market, news, stock, tm, toyota, trading
toyota, tm, business, finance, stock, trading, market, news, analysis

Automotive News reported that Toyota (NYSE:TM) will run its North American plants at 110% of their capacity later this month, through September according to Toyota senior managing officer and senior vice president of the automaker's North American manufacturing operations.

Toyota Motor (NYSE:TM) has a potential upside of 17.6% based on a current price of $78.57 and an average consensus analyst price target of $92.4.

Toyota Motor is currently below its 50-day moving average (MA) of $82.11 and below its 200-day MA of $81.05.

By FNNO Staff
fnnonline@gmail.com

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