Visteon Corp Coverage Initiated by Analysts at JPMorgan Chase & Co. (VC)
Visteon Corp (NYSE:VC) opened at 99.68 on Monday. Visteon Corp has a 1-year low of $62.98 and a 1-year high of $99.85. The stock has a 50-day moving average of $93.66 and a 200-day moving average of $86.73. The company has a market cap of $4.826 billion and a P/E ratio of 7.81.
Visteon Corp (NYSE:VC) last released its earnings data on Thursday, May 8th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.67 by $0.29. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the company posted $1.34 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. Analysts expect that Visteon Corp will post $2.97 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Gabelli initiated coverage on shares of Visteon Corp in a research note on Wednesday, June 4th. They set a “buy” rating and a $112.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Visteon Corp in a research note on Wednesday, May 14th. They now have a $109.00 price target on the stock, up previously from $103.00. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Visteon Corp in a research note on Thursday, April 10th. They now have a $102.00 price target on the stock, up previously from $93.00. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. Visteon Corp presently has a consensus rating of “Buy” and an average target price of $97.78.
Visteon Corporation (NYSE:VC) is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers (OEM), including BMW, Chrysler, Daimler, Ford, General Motors, Honda, Hyundai, Kia, Nissan, PSA Peugeot Citroen, Renault, Toyota and Volkswagen.
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