Valeo SE (OTCMKTS:VLEEY) Given Average Recommendation of “Hold” by Brokerages

Shares of Valeo SE (OTCMKTS:VLEEY – Get Rating) have received a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $22.57.

Several equities research analysts have recently issued reports on the stock. Berenberg Bank lowered their price objective on shares of Valeo from €25.00 ($26.04) to €23.00 ($23.96) and set a “buy” rating for the company in a research report on Friday, April 29th. UBS Group lowered their price objective on shares of Valeo from €35.00 ($36.46) to €27.00 ($28.13) in a research report on Thursday, March 17th. Cheuvreux downgraded shares of Valeo from a “hold” rating to a “reduce” rating in a research report on Tuesday, June 14th. Exane BNP Paribas raised shares of Valeo from a “neutral” rating to an “outperform” rating and set a €20.00 ($20.83) price objective for the company in a research report on Thursday, March 17th. Finally, Societe Generale lowered their price objective on shares of Valeo from €23.00 ($23.96) to €19.00 ($19.79) in a research report on Thursday, April 28th.

Shares of VLEEY stock opened at $9.97 on Friday. The firm has a fifty day moving average of $9.80 and a 200-day moving average of $11.80. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.89 and a quick ratio of 0.65. Valeo has a 12-month low of $7.56 and a 12-month high of $16.87.

Valeo Company Profile (Get Rating)

Valeo SE designs, produces, and sells components, systems, and services for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.

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