Valeo S.A. (OTCMKTS:VLEEY) Rating Increased to Hold at Zacks Investment Research
Valeo S.A. (OTCMKTS:VLEEY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.
According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “
Several other research firms also recently commented on VLEEY. Jefferies Group LLC upgraded Valeo from an “underperform” rating to a “hold” rating in a report on Tuesday, March 21st. BNP Paribas upgraded Valeo from a “neutral” rating to an “outperform” rating in a report on Wednesday, March 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $40.00.
Valeo (VLEEY) traded up 0.93% during trading on Friday, hitting $37.02. The stock had a trading volume of 36,056 shares. Valeo has a 12 month low of $21.65 and a 12 month high of $37.21. The stock has a market cap of $17.61 billion, a price-to-earnings ratio of 16.77 and a beta of 1.53. The stock has a 50 day moving average price of $34.95 and a 200-day moving average price of $32.40.
Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.
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