Valeo (VLEEY) Downgraded to Hold at Zacks Investment Research

Valeo (OTCMKTS:VLEEY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.

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. “

Separately, ValuEngine raised shares of Valeo from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $45.00.

Valeo (OTCMKTS:VLEEY) traded down $1.02 during midday trading on Wednesday, reaching $37.08. 41,518 shares of the company traded hands, compared to its average volume of 32,597. Valeo has a twelve month low of $29.80 and a twelve month high of $40.44. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.02 and a quick ratio of 0.81.

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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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