Valeo, SA (VLEEY) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Valeo, SA (OTCMKTS:VLEEY) have earned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $33.00.
A number of brokerages recently commented on VLEEY. Citigroup Inc. began coverage on Valeo, SA in a report on Wednesday. They set a “buy” rating on the stock. Jefferies Group began coverage on Valeo, SA in a report on Tuesday. They set an “underperform” rating on the stock. Goldman Sachs Group Inc. lowered Valeo, SA from a “neutral” rating to a “sell” rating in a report on Tuesday, November 22nd. Berenberg Bank began coverage on Valeo, SA in a report on Tuesday, November 22nd. They set a “hold” rating on the stock. Finally, Zacks Investment Research upgraded Valeo, SA from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a report on Tuesday, November 8th.
Valeo, SA (OTCMKTS:VLEEY) traded down 1.380% during mid-day trading on Wednesday, hitting $27.732. The stock had a trading volume of 312,437 shares. The firm’s 50-day moving average is $0.00 and its 200 day moving average is $0.00. Valeo, SA has a 12 month low of $19.46 and a 12 month high of $29.63.
TRADEMARK VIOLATION NOTICE: This news story was reported by Daily Political and is the propert of of Daily Political. If you are accessing this news story on another publication, it was copied illegally and republished in violation of international copyright and trademark law. The original version of this news story can be accessed at http://www.dailypolitical.com/2016/11/30/valeo-sa-vleey-receives-consensus-recommendation-of-hold-from-brokerages.html.
About Valeo, SA
Valeo SA is an automotive supplier. It supplies original equipment spares to automakers and replacement parts to the independent aftermarket. It is engaged in products and systems that contribute to carbon dioxide (CO2) emissions reduction, as well as to the development of intuitive driving. It develops interior and exterior lighting systems.
Receive News & Ratings for Valeo SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeo SA and related companies with MarketBeat.com's FREE daily email newsletter.