Shares of Faurecia S.E. (OTCMKTS:FURCF) have earned an average recommendation of “Buy” from the seven brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $56.00.
A number of brokerages recently issued reports on FURCF. Barclays reissued an “overweight” rating on shares of Faurecia S.E. in a research report on Wednesday, August 11th. Societe Generale reiterated a “buy” rating on shares of Faurecia S.E. in a research note on Tuesday, July 27th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Faurecia S.E. in a research note on Wednesday, August 11th. UBS Group restated a “buy” rating on shares of Faurecia S.E. in a research note on Wednesday, August 18th. Finally, Citigroup upgraded Faurecia S.E. from a “neutral” rating to a “buy” rating and set a $56.00 target price for the company in a research note on Wednesday, September 1st.
Shares of OTCMKTS:FURCF traded down $1.73 during midday trading on Wednesday, reaching $43.97. 300 shares of the company’s stock were exchanged, compared to its average volume of 1,597. The firm’s 50 day simple moving average is $46.15 and its two-hundred day simple moving average is $51.24. Faurecia S.E. has a fifty-two week low of $36.80 and a fifty-two week high of $60.00.
Faurecia S.E., together with its subsidiaries, manufactures and sells automotive equipment in France, Germany, other European countries, North America, South America, Asia, and internationally. It operates through Seating, Interiors, Clean Mobility, and Clarion Electronics segments. The Seating segment designs and manufactures vehicle seats, seating frames, covers and foams, and seat structure systems.
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