Goldman Sachs Group Lowers VALEO/S (OTCMKTS:VLEEY) to Sell
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, The Fly reports.
Several other research analysts also recently weighed in on the company. Zacks Investment Research downgraded VALEO/S from a strong-buy rating to a strong sell rating in a research note on Tuesday, July 16th. Royal Bank of Canada assumed coverage on VALEO/S in a research note on Monday, June 3rd. They set an underperform rating for the company. Finally, Societe Generale cut VALEO/S from a hold rating to a sell rating in a report on Friday, April 26th. Six investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of Sell and a consensus price target of $15.00.
VLEEY stock opened at $13.61 on Monday. 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 company has a market capitalization of $6.56 billion, a price-to-earnings ratio of 9.20, a PEG ratio of 1.74 and a beta of 1.41. VALEO/S has a fifty-two week low of $12.82 and a fifty-two week high of $24.41. The stock has a fifty day moving average of $14.68 and a 200-day moving average of $15.29.
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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