Valeo S.A. (OTCMKTS:VLEEY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research 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. “
Several other brokerages also recently issued reports on VLEEY. BNP Paribas raised Valeo from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 29th. Jefferies Group LLC raised Valeo from an “underperform” rating to a “hold” rating in a research note on Tuesday, March 21st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $40.00.
Valeo (OTCMKTS VLEEY) traded up 0.78% on Wednesday, hitting $34.30. 3,650 shares of the company traded hands. Valeo has a 1-year low of $20.97 and a 1-year high of $37.21. The firm has a market capitalization of $16.32 billion, a PE ratio of 15.87 and a beta of 1.46. The firm’s 50 day moving average price is $35.39 and its 200 day moving average price is $32.19.
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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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