Toyota invests USD 1.1 billion in Canada and Bernstein keeps Buy for Toyota Motor stock - ad-hoc-news.de
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Toyota Motor (ISIN US8923313071) was trading at EUR 174.00 at Lang & Schwarz on October 16, 2026 at 9:44 a.m. CEST. The Japan Times reported on October 16, 2026 that Toyota had invested USD 1.1 billion in its Canadian operations for the latest RAV4 model, while Markets Insider said Bernstein maintained a Buy rating and set a JPY 4,100.00 target on October 12, 2026. The Canadian commitment gives Toyota a concrete manufacturing angle as the company prepares to add the updated, hybrid-only Lexus NX at its Ontario complex in December 2026. The plants produced 537,518 vehicles in 2025, and Toyota's Canadian deliveries reached 249,445 vehicles, a 4.4 percent increase from the prior year, according to The Japan Times. The immediate message is capacity and localization rather than a short-term sales forecast. The Ontario factories run two full shifts with regular overtime, while 85 percent of their output is earmarked for export, mainly to the United States. Toyota's latest reported quarter ended June 30, 2026, with revenue of USD 83.16 billion and earnings per share of USD 7.42, according to MarketBeat. On October 8, 2026, Erste Group Bank lowered its fiscal 2027 earnings-per-share forecast to USD 19.97 from USD 20.14 while keeping a Strong Buy rating, MarketBeat reported. On October 12, 2026, Bernstein maintained its Buy rating and set a JPY 4,100.00 target, according to Markets...
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