Valeo (OTCMKTS:VLEEY) Given New €23.00 Price Target at JPMorgan Chase & Co.

Valeo (OTCMKTS:VLEEYGet Rating) had its price objective cut by research analysts at JPMorgan Chase & Co. from €26.00 ($27.96) to €23.00 ($24.73) in a report issued on Thursday, The Fly reports.

Several other equities analysts have also weighed in on VLEEY. Zacks Investment Research lowered shares of Valeo from a “hold” rating to a “sell” rating in a report on Wednesday. Exane BNP Paribas raised shares of Valeo from a “neutral” rating to an “outperform” rating and set a €20.00 ($21.51) target price on the stock in a research note on Thursday, March 17th. The Goldman Sachs Group raised shares of Valeo from a “neutral” rating to a “buy” rating in a research note on Friday, January 21st. Barclays lowered their target price on shares of Valeo from €35.00 ($37.63) to €25.00 ($26.88) and set an “overweight” rating on the stock in a research note on Tuesday, April 12th. Finally, UBS Group lowered their price target on shares of Valeo from €35.00 ($37.63) to €27.00 ($29.03) in a research report on Thursday, March 17th. Two analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Valeo currently has a consensus rating of “Hold” and an average target price of $22.80.

OTCMKTS:VLEEY opened at $8.78 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.97. The company has a 50 day moving average price of $9.57 and a 200-day moving average price of $13.12. Valeo has a 1-year low of $7.56 and a 1-year high of $17.53.

About Valeo (Get Rating)

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

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