Barrington Research reiterated their buy rating on shares of Commercial Vehicle Group (NASDAQ:CVGI – Get Rating) in a research note issued to investors on Friday morning, Marketbeat Ratings reports. They currently have a $14.00 price target on the stock.
CVGI has been the subject of a number of other reports. StockNews.com started coverage on shares of Commercial Vehicle Group in a research note on Thursday, March 31st. They set a hold rating for the company. Zacks Investment Research upgraded shares of Commercial Vehicle Group from a strong sell rating to a hold rating in a research note on Tuesday.
Shares of Commercial Vehicle Group stock traded down $0.14 on Friday, hitting $7.18. 211,145 shares of the company’s stock traded hands, compared to its average volume of 165,474. The firm’s 50-day moving average price is $7.88 and its two-hundred day moving average price is $8.24. The stock has a market capitalization of $236.58 million, a PE ratio of 12.17, a price-to-earnings-growth ratio of 0.40 and a beta of 3.26. Commercial Vehicle Group has a one year low of $6.64 and a one year high of $13.61. The company has a debt-to-equity ratio of 1.47, a current ratio of 2.29 and a quick ratio of 1.42.
Several hedge funds have recently modified their holdings of CVGI. Bank of America Corp DE raised its holdings in shares of Commercial Vehicle Group by 72.8% in the 2nd quarter. Bank of America Corp DE now owns 5,700 shares of the company’s stock valued at $60,000 after purchasing an additional 2,401 shares during the period. Metropolitan Life Insurance Co NY bought a new stake in shares of Commercial Vehicle Group in the 1st quarter valued at about $67,000. Advisor Group Holdings Inc. bought a new stake in shares of Commercial Vehicle Group in the 1st quarter valued at about $67,000. BNP Paribas Arbitrage SA raised its holdings in shares of Commercial Vehicle Group by 506.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 8,096 shares of the company’s stock valued at $77,000 after purchasing an additional 6,762 shares during the period. Finally, Russell Investments Group Ltd. bought a new stake in shares of Commercial Vehicle Group in the 3rd quarter valued at about $79,000. 59.49% of the stock is currently owned by institutional investors.
About Commercial Vehicle Group (Get Rating)
Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket & Accessories.
- Get a free copy of the StockNews.com research report on Commercial Vehicle Group (CVGI)
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