Royal Bank of Canada initiated coverage on shares of VALEO/S (OTCMKTS:VLEEY) in a report published on Monday, June 3rd, The Fly reports. The firm issued an underperform rating on the stock.
A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of VALEO/S from a hold rating to a strong sell rating in a research report on Saturday, February 9th. Societe Generale downgraded shares of VALEO/S from a hold rating to a sell rating in a research report on Friday, April 26th. Finally, Citigroup downgraded shares of VALEO/S from a neutral rating to a sell rating in a research report on Wednesday, April 10th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $15.00.
Shares of VALEO/S stock traded up $1.02 during trading hours on Monday, hitting $15.99. The company had a trading volume of 21,828 shares, compared to its average volume of 31,498. The company’s 50-day moving average price is $14.60. VALEO/S has a twelve month low of $12.82 and a twelve month high of $29.21. 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 firm has a market cap of $7.73 billion, a P/E ratio of 10.80, a P/E/G ratio of 1.82 and a beta of 1.31.
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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