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Lear (NYSE:LEA)‘s stock had its “strong-buy” rating reissued by S&P Equity Research in a research note issued on Thursday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Lear in a research note on Wednesday, August 13th. They set an “outperform” rating and a $114.00 price target on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Lear from $90.00 to $98.00 in a research note on Monday, August 11th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Lear in a research note on Monday, July 28th. They now have a $117.00 price target on the stock, up previously from $101.00. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Lear has a consensus rating of “Buy” and a consensus target price of $105.42.

Lear (NYSE:LEA) traded up 3.53% during mid-day trading on Thursday, hitting $101.57. 797,525 shares of the company’s stock traded hands. Lear has a 52 week low of $68.26 and a 52 week high of $100.58. The stock’s 50-day moving average is $95.98 and its 200-day moving average is $87.51. The company has a market cap of $8.148 billion and a price-to-earnings ratio of 17.71.

Lear (NYSE:LEA) last posted its quarterly earnings results on Friday, July 25th. The company reported $2.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.96 by $0.16. The company had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.43 billion. During the same quarter last year, the company posted $1.62 earnings per share. Lear’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that Lear will post $7.94 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 24th. Investors of record on Friday, September 5th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, September 3rd.

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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