Valeo S.A. (OTCMKTS:VLEEY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $7.44, but opened at $7.88. Valeo shares last traded at $7.8880, with a volume of 477 shares changing hands.
Analysts Set New Price Targets
Separately, Morgan Stanley reissued an “overweight” rating on shares of Valeo in a report on Thursday, July 16th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Valeo has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Valeo
Valeo Stock Up 5.1%
About Valeo
Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.
The company operates across four main business segments.
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