Investment Analysts’ Weekly Ratings Updates for Lear (LEA)

Several analysts have recently updated their ratings and price targets for Lear (NYSE: LEA):

  • 2/8/2018 – Lear was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 2/7/2018 – Lear was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $176.00 price target on the stock.
  • 2/1/2018 – Lear was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $221.00 price target on the stock. According to Zacks, “Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. “
  • 1/30/2018 – Lear was upgraded by analysts at Goldman Sachs Group Inc from a “sell” rating to a “neutral” rating. They now have a $187.00 price target on the stock.
  • 1/29/2018 – Lear was given a new $206.00 price target on by analysts at Guggenheim. They now have a “hold” rating on the stock.
  • 1/29/2018 – Lear had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $231.00 price target on the stock.
  • 1/26/2018 – Lear had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $213.00 price target on the stock.
  • 1/25/2018 – Lear was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. “
  • 1/21/2018 – Lear had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $200.00 price target on the stock.
  • 1/19/2018 – Lear had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $220.00 price target on the stock.
  • 1/9/2018 – Lear was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $214.00 price target on the stock. According to Zacks, “Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. “
  • 1/5/2018 – Lear is now covered by analysts at Longbow Research. They set a “buy” rating and a $225.00 price target on the stock.
  • 1/3/2018 – Lear was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. “
  • 12/31/2017 – Lear was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 12/26/2017 – Lear was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $199.00 price target on the stock. According to Zacks, “Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan. “

Shares of Lear Co. (LEA) opened at $186.63 on Monday. Lear Co. has a 1 year low of $132.01 and a 1 year high of $202.42. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.11 and a current ratio of 1.36. The stock has a market cap of $12,489.30, a price-to-earnings ratio of 10.03, a PEG ratio of 1.39 and a beta of 1.48.

Lear (NYSE:LEA) last issued its quarterly earnings data on Friday, January 26th. The auto parts company reported $4.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.13. Lear had a net margin of 6.42% and a return on equity of 30.32%. The firm had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.27 billion. During the same quarter in the previous year, the firm posted $3.80 EPS. The company’s revenue for the quarter was up 15.5% compared to the same quarter last year. sell-side analysts forecast that Lear Co. will post 18.87 earnings per share for the current year.

In related news, SVP Mel Stephens sold 796 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $179.00, for a total value of $142,484.00. Following the completion of the transaction, the senior vice president now owns 40,000 shares of the company’s stock, valued at approximately $7,160,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Terrence B. Larkin sold 1,137 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $177.74, for a total transaction of $202,090.38. Following the completion of the transaction, the executive vice president now directly owns 6,912 shares of the company’s stock, valued at approximately $1,228,538.88. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

Lear Corporation (Lear) is a supplier to the global automotive industry. The Company is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers. The Company’s segments include Seating and E-Systems.

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