HELLA GMBH & CO KGAA’s (HLE) “Buy” Rating Reaffirmed at DZ Bank

HELLA GMBH & CO KGAA (ETR:HLE)‘s stock had its “buy” rating reissued by DZ Bank in a research note issued on Friday, Borsen Zeitung reports.

Several other research firms also recently issued reports on HLE. Warburg Research set a €50.00 ($58.14) price target on shares of HELLA GMBH & CO KGAA and gave the stock a “buy” rating in a research note on Thursday, September 26th. Hauck & Aufhaeuser set a €45.00 ($52.33) target price on shares of HELLA GMBH & CO KGAA and gave the company a “neutral” rating in a research note on Wednesday, September 18th. UBS Group restated a “buy” rating on shares of HELLA GMBH & CO KGAA in a research report on Monday. Deutsche Bank set a €38.00 ($44.19) target price on shares of HELLA GMBH & CO KGAA and gave the stock a “neutral” rating in a report on Friday, September 27th. Finally, Pareto Securities set a €40.00 ($46.51) price target on shares of HELLA GMBH & CO KGAA and gave the company a “buy” rating in a report on Friday, August 23rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €42.42 ($49.33).

Shares of HLE stock traded down €0.66 ($0.77) during trading hours on Friday, hitting €49.28 ($57.30). The company’s stock had a trading volume of 97,248 shares, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a twelve month low of €32.66 ($37.98) and a twelve month high of €49.92 ($58.05). The business has a fifty day moving average of €43.50 and a 200-day moving average of €42.48. The stock has a market cap of $4.99 billion and a price-to-earnings ratio of 8.96. The company has a current ratio of 1.81, a quick ratio of 1.35 and a debt-to-equity ratio of 45.45.

About HELLA GMBH & CO KGAA

HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting products, and electronic components and systems for automotive industry worldwide. It operates through three segments: Automotive, Aftermarket, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, car body lighting products, interior lights, and radomes; and body electronics, energy management, lighting electronics, and steering solutions, as well as driver assistance systems and components, including sensors and engine compartment actuators.

See Also: What is a SEC Filing?

Analyst Recommendations for HELLA GMBH & CO KGAA (ETR:HLE)

Receive News & Ratings for HELLA GMBH & CO KGAA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HELLA GMBH & CO KGAA and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply