TRW Automotive Holdings Corp. Downgraded by Ned Davis Research to Neutral (TRW)
TRW Automotive Holdings Corp. (NYSE:TRW) was downgraded by Ned Davis Research from a “buy” rating to a “neutral” rating in a research note issued on Monday, Analyst Ratings Network.com reports.
Several other analysts have also recently commented on the stock. Analysts at FBR Capital Markets initiated coverage on shares of TRW Automotive Holdings Corp. in a research note to investors on Friday. They set a “market perform” rating and a $75.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of TRW Automotive Holdings Corp. in a research note to investors on Friday, December 13th. They now have a $82.00 price target on the stock, up previously from $71.00. Finally, analysts at Morgan Stanley raised their price target on shares of TRW Automotive Holdings Corp. from $74.00 to $87.00 in a research note to investors on Monday, November 4th. They now have a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $83.92.
Shares of TRW Automotive Holdings Corp. (NYSE:TRW) traded up 0.26% on Monday, hitting $73.96. The stock had a trading volume of 109,929 shares. TRW Automotive Holdings Corp. has a one year low of $52.48 and a one year high of $80.22. The stock has a 50-day moving average of $74.77 and a 200-day moving average of $72.55. The company has a market cap of $8.532 billion and a price-to-earnings ratio of 9.03.
TRW Automotive Holdings Corp. (NYSE:TRW) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.47 by $0.05. The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter last year, the company posted $1.24 earnings per share. TRW Automotive Holdings Corp.’s revenue was up 6.2% compared to the same quarter last year. On average, analysts predict that TRW Automotive Holdings Corp. will post $6.68 earnings per share for the current fiscal year.
TRW Automotive Holdings Corp. (NYSE:TRW) is a supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets.
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