Goldman Sachs Group downgraded shares of VALEO/S (OTCMKTS:VLEEY) from a neutral rating to a sell rating in a report issued on Monday morning, The Fly reports.
Several other brokerages have also issued reports on VLEEY. Zacks Investment Research lowered VALEO/S from a strong-buy rating to a strong sell rating in a research note on Tuesday, July 16th. Societe Generale lowered VALEO/S from a hold rating to a sell rating in a research note on Friday, April 26th. Finally, Royal Bank of Canada assumed coverage on VALEO/S in a research note on Monday, June 3rd. They issued an underperform rating on the stock. Six research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of Sell and an average price target of $15.00.
Shares of VLEEY opened at $13.61 on Monday. VALEO/S has a 52-week low of $12.82 and a 52-week high of $24.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.71 and a current ratio of 0.95. The business’s 50 day moving average price is $14.68 and its two-hundred day moving average price is $15.29. The firm has a market cap of $6.56 billion, a PE ratio of 9.20, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41.
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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