Valeo S.A. (OTCMKTS:VLEEY) Receives Average Rating of “Hold” from Brokerages

Valeo S.A. (OTCMKTS:VLEEY) has earned an average recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have issued reports on VLEEY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Valeo in a research note on Thursday, January 15th. Morgan Stanley reissued an “overweight” rating on shares of Valeo in a report on Thursday, January 8th.

Valeo Stock Up 2.6%

Valeo stock opened at $6.30 on Monday. Valeo has a one year low of $3.75 and a one year high of $8.02. The business’s fifty day moving average is $6.84 and its 200 day moving average is $6.66.

About Valeo

Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.

The company operates across four main business segments.