Faurecia (FURCY) Lowered to Hold at Zacks Investment Research
Faurecia (NASDAQ:FURCY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.
According to Zacks, “Faurecia SA engages in the manufacturing and supply of automotive components. It operating business segments consists of Faurecia Automotive Seating, Faurecia Emissions Control Technologies, Faurecia Interior Systems and Faurecia Automotive Exteriors. Faurecia Automotive Seating segment involves in the design of vehicle seats, manufacture of seating frames and adjustment mechanisms, and assembly of complete seating units. Faurecia Emissions Control Technologies segment engages in the manufacture and design of exhaust systems. Faurecia Interior Systems segment manufactures and designs instrument panels, door panels and modules, and acoustic components. Faurecia Automotive Exteriors segment involves in the design and manufacture of front ends and safety modules. Faurecia SA is headquartered in Nanterre, France. “
Faurecia (NASDAQ:FURCY) traded up 0.88% during midday trading on Friday, hitting $28.65. 16 shares of the stock were exchanged. Faurecia has a 12-month low of $17.69 and a 12-month high of $28.65. The stock has a market capitalization of $7.81 billion and a P/E ratio of 9.51.
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