Lear Corp. (LEA) to Release Quarterly Earnings on Friday
Lear Corp. (NYSE:LEA) is scheduled to issue its quarterly earnings data on Friday, January 31st. Persons interested in registering for the company’s earnings conference call can do so using this link.
A number of analysts have recently weighed in on LEA shares. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Lear Corp. from $90.00 to $95.00 in a research note to investors on Thursday, January 9th. They now have a “buy” rating on the stock. On a related note, analysts at Zacks upgraded shares of Lear Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, December 17th. They now have a $85.80 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Lear Corp. from $83.00 to $94.00 in a research note to investors on Friday, December 13th. They now have a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Lear Corp. currently has a consensus rating of “Buy” and an average target price of $85.98.
Lear Corporation is a tier 1 supplier to the global automotive industry. The Company supplies its products to automotive manufacturers with automotive seat systems and related components, as well as electrical distribution systems and related components.
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