Valeo S.A. (VLEEY) Lifted to “Buy” at Zacks Investment Research
Valeo S.A. (OTCMKTS:VLEEY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday. The firm presently has a $40.00 target price on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 12.33% from the company’s current price.
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. “
Shares of Valeo (OTCMKTS VLEEY) traded up 0.79% during midday trading on Friday, reaching $35.61. The company had a trading volume of 13,730 shares. The company has a market capitalization of $16.89 billion, a P/E ratio of 14.48 and a beta of 1.53. Valeo has a 52 week low of $26.33 and a 52 week high of $37.27. The company’s 50 day moving average price is $34.28 and its 200-day moving average price is $34.12.
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Valeo Company Profile
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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