Visteon (NASDAQ:VC) Given New $165.00 Price Target at Citigroup

Visteon (NASDAQ:VC – Get Rating) had its price target hoisted by Citigroup from $145.00 to $165.00 in a research note released on Tuesday morning, The Fly reports.

A number of other equities analysts have also recently issued reports on VC. Morgan Stanley raised their price objective on shares of Visteon from $135.00 to $145.00 and gave the company an equal weight rating in a research note on Thursday, March 9th. Robert W. Baird lifted their price target on shares of Visteon from $163.00 to $170.00 and gave the company an outperform rating in a research note on Friday, February 17th. Cowen boosted their price objective on shares of Visteon from $164.00 to $195.00 in a research note on Friday, February 17th. Royal Bank of Canada upped their price target on shares of Visteon from $169.00 to $184.00 and gave the company an outperform rating in a research note on Wednesday, March 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Visteon from $172.00 to $190.00 in a report on Friday, February 17th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Hold and an average price target of $152.64.

Visteon Stock Up 3.7 %

Shares of VC opened at $160.86 on Tuesday. The stock has a market cap of $4.53 billion, a price-to-earnings ratio of 37.06 and a beta of 1.82. The company has a quick ratio of 1.32, a current ratio of 1.65 and a debt-to-equity ratio of 0.43. Visteon has a 12 month low of $88.82 and a 12 month high of $171.66. The company has a 50-day moving average price of $155.00 and a two-hundred day moving average price of $138.58.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. CWM LLC boosted its holdings in shares of Visteon by 65.3% during the 3rd quarter. CWM LLC now owns 238 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. Toth Financial Advisory Corp purchased a new position in shares of Visteon in the fourth quarter worth approximately $31,000. Acadian Asset Management LLC bought a new stake in Visteon during the 1st quarter worth approximately $38,000. Rockefeller Capital Management L.P. raised its stake in Visteon by 1,286.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 305 shares of the company’s stock worth $39,000 after acquiring an additional 283 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in Visteon during the 3rd quarter worth approximately $41,000.

Visteon Company Profile

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Visteon Corp. engages in the design, engineering, and manufacture of electronics products, automotive vehicles and supplies automotive parts. Its products include Instrument Clusters, Information Displays,Telematics Solutions, Head-Up Displays, Domain Controller and DriveCore Autonomous. The company was founded on January 5, 2000 and is headquartered in Van Buren Township, MI.