HELLA GMBH & CO KGAA (HLE) Given a €62.00 Price Target at Hauck & Aufhaeuser
A number of other brokerages have also recently issued reports on HLE. Deutsche Bank set a €55.00 ($63.95) price objective on shares of HELLA GMBH & CO KGAA and gave the company a neutral rating in a report on Monday, August 13th. Nord/LB set a €50.00 ($58.14) price objective on shares of HELLA GMBH & CO KGAA and gave the company a neutral rating in a report on Thursday, September 27th. Credit Suisse Group set a €43.00 ($50.00) price objective on shares of HELLA GMBH & CO KGAA and gave the company a sell rating in a report on Friday, September 28th. equinet set a €51.00 ($59.30) price target on shares of HELLA GMBH & CO KGAA and gave the company a buy rating in a report on Thursday, October 4th. Finally, Citigroup set a €44.20 ($51.40) price target on shares of HELLA GMBH & CO KGAA and gave the company a neutral rating in a report on Thursday, November 15th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €52.73 ($61.32).
ETR HLE traded down €0.48 ($0.56) during trading on Thursday, reaching €35.32 ($41.07). 100,275 shares of the stock traded hands, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a fifty-two week low of €39.08 ($45.44) and a fifty-two week high of €59.10 ($68.72).
HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting products, and electronic components and systems for automotive industry worldwide. It operates through three segments: Automotive, Aftermarket, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, car body lighting products, interior lights, and radomes; and body electronics, energy management, lighting electronics, and steering solutions, as well as driver assistance systems and components, including sensors and engine compartment actuators.
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