Visteon Corp. Given “Overweight” Rating at Barclays Capital (VC)

Visteon Corp. (NYSE:VC)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays Capital in a note issued to investors on Friday, reports. They currently have a $82.00 target price on the stock. Barclays Capital’s price objective would indicate a potential upside of 12.25% from the company’s current price.

Separately, analysts at UBS AG raised their price target on shares of Visteon Corp. from $82.00 to $86.00 in a research note to investors on Thursday, August 8th. They now have a “buy” rating on the stock.

Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average target price of $81.25.

Shares of Visteon Corp. (NYSE:VC) traded down 0.76% during mid-day trading on Friday, hitting $73.05. Visteon Corp. has a one year low of $38.50 and a one year high of $73.92. The stock’s 50-day moving average is currently $65.3. The company has a market cap of $3.653 billion and a P/E ratio of 20.43.

Visteon Corp. (NYSE:VC) last released its earnings data on Thursday, August 8th. The company reported $1.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.05 by $0.24. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. Analysts expect that Visteon Corp. will post $4.97 EPS for the current fiscal year.

Visteon Corporation (NYSE:VC) is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers (OEM), including BMW, Chrysler, Daimler, Ford, General Motors, Honda, Hyundai, Kia, Nissan, PSA Peugeot Citroen, Renault, Toyota and Volkswagen.