HELLA GMBH & CO KGAA (HLE) Given a €42.00 Price Target at UBS Group
UBS Group set a €42.00 ($48.84) target price on HELLA GMBH & CO KGAA (ETR:HLE) in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also commented on HLE. Warburg Research set a €65.00 ($75.58) price objective on HELLA GMBH & CO KGAA and gave the company a buy rating in a report on Thursday, September 27th. Berenberg Bank set a €45.00 ($52.33) price objective on HELLA GMBH & CO KGAA and gave the company a neutral rating in a report on Wednesday, October 10th. equinet set a €55.00 ($63.95) price objective on HELLA GMBH & CO KGAA and gave the company a buy rating in a report on Monday, September 17th. DZ Bank reissued a buy rating on shares of HELLA GMBH & CO KGAA in a report on Monday, October 15th. Finally, JPMorgan Chase & Co. set a €53.00 ($61.63) price objective on HELLA GMBH & CO KGAA and gave the company a buy rating in a report on Monday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of Hold and a consensus price target of €50.33 ($58.52).
HELLA GMBH & CO KGAA stock traded up €1.88 ($2.19) during midday trading on Thursday, hitting €39.20 ($45.58). 456,732 shares of the company were exchanged, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a fifty-two week low of €39.08 ($45.44) and a fifty-two week high of €59.10 ($68.72).
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.
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