Tenneco Given Average Recommendation of “Hold” by Analysts (NYSE:TEN)
Tenneco (NYSE:TEN) has received an average rating of “Hold” from the eleven analysts that are presently covering the stock, AnalystRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $65.67.
A number of analysts have recently weighed in on TEN shares. Analysts at Zacks reiterated a “neutral” rating on shares of Tenneco in a research note on Friday. They now have a $69.00 price target on the stock. Separately, analysts at Goldman Sachs cut their price target on shares of Tenneco from $67.00 to $65.00 in a research note on Monday, July 14th. Finally, analysts at Barclays raised their price target on shares of Tenneco from $61.00 to $66.00 in a research note on Monday, July 14th. They now have an “equal weight” rating on the stock.
Tenneco (NYSE:TEN) opened at 67.50 on Friday. Tenneco has a 52-week low of $45.30 and a 52-week high of $68.31. The stock’s 50-day moving average is $66.10 and its 200-day moving average is $60.66. The company has a market cap of $4.109 billion and a P/E ratio of 24.00.
Tenneco Inc (NYSE:TEN) is a producer of emission control and ride control products and systems for light, commercial and specialty vehicle applications.
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