VALEO/S (OTCMKTS:VLEEY) Upgraded by Barclays to “Overweight”

Barclays upgraded shares of VALEO/S (OTCMKTS:VLEEY) from an underweight rating to an overweight rating in a report issued on Tuesday morning, The Fly reports.

Several other analysts have also recently issued reports on the company. Zacks Investment Research upgraded VALEO/S from a sell rating to a hold rating in a research report on Friday, September 13th. Goldman Sachs Group cut VALEO/S from a neutral rating to a sell rating in a research report on Monday, August 19th. Finally, ValuEngine upgraded VALEO/S from a sell rating to a hold rating in a research report on Tuesday, September 10th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. VALEO/S currently has an average rating of Hold and an average target price of $15.00.

Shares of VLEEY opened at $17.58 on Tuesday. The business has a 50-day simple moving average of $15.47 and a two-hundred day simple moving average of $15.37. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 2.85 and a beta of 1.47. VALEO/S has a 52 week low of $12.82 and a 52 week high of $19.44.

About VALEO/S

Valeo SA designs, produces, and sells components, integrated systems, and modules for the automotive sector worldwide. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. It offers parking and driving assistance products, such as ultrasonic sensors, radars, and cameras to detect obstacles around vehicles; intuitive control products; and a range of connectivity solutions from short-range to long-range connectivity, as well as develops systems that enable the integration of applications, such as car sharing services and remote parking systems.

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The Fly

Analyst Recommendations for VALEO/S (OTCMKTS:VLEEY)

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