TRW Automotive Holdings Corp. Now Covered by Analysts at Credit Suisse (TRW)
Equities research analysts at Credit Suisse initiated coverage on shares of TRW Automotive Holdings Corp. (NYSE:TRW) in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $106.00 price target on the stock. Credit Suisse’s price target points to a potential upside of 6.46% from the company’s current price.
TRW Automotive Holdings Corp. (NYSE:TRW) traded down 2.14% during mid-day trading on Wednesday, hitting $97.44. The stock had a trading volume of 2,809,104 shares. TRW Automotive Holdings Corp. has a 52 week low of $68.09 and a 52 week high of $107.25. The stock has a 50-day moving average of $98.70 and a 200-day moving average of $85.66. The company has a market cap of $10.839 billion and a price-to-earnings ratio of 11.65.
TRW Automotive Holdings Corp. (NYSE:TRW) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $2.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.13 by $0.19. The company had revenue of $4.60 billion for the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter in the prior year, the company posted $2.02 earnings per share. The company’s quarterly revenue was up 1.8% on a year-over-year basis. On average, analysts predict that TRW Automotive Holdings Corp. will post $7.78 earnings per share for the current fiscal year.
A number of other firms have also recently commented on TRW. Analysts at Zacks reiterated an “outperform” rating on shares of TRW Automotive Holdings Corp. in a research note on Wednesday, July 30th. They now have a $126.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of TRW Automotive Holdings Corp. from $97.00 to $112.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of TRW Automotive Holdings Corp. from $75.00 to $84.00 in a research note on Wednesday, July 30th. They now have a “market perform” rating on the stock. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $98.92.
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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