Goldman Sachs Group cut shares of VALEO/S (OTCMKTS:VLEEY) from a neutral rating to a sell rating in a research note released on Monday morning, The Fly reports.
A number of other analysts have also recently commented on the stock. Royal Bank of Canada began coverage on shares of VALEO/S in a research report on Monday, June 3rd. They set an underperform rating on the stock. Zacks Investment Research cut shares of VALEO/S from a strong-buy rating to a strong sell rating in a research report on Tuesday, July 16th. Finally, Societe Generale cut shares of VALEO/S from a hold rating to a sell rating in a research report on Friday, April 26th. Six investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of Sell and a consensus target price of $15.00.
Shares of VLEEY opened at $13.46 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.71 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $6.49 billion, a P/E ratio of 9.09, a price-to-earnings-growth ratio of 1.76 and a beta of 1.41. The firm’s fifty day simple moving average is $14.70 and its two-hundred day simple moving average is $15.30. VALEO/S has a 12 month low of $12.82 and a 12 month high of $24.41.
VALEO/S Company Profile
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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