Zacks Investment Research upgraded shares of Valeo S.A. (OTCMKTS:VLEEY) from a hold rating to a buy rating in a research report released on Saturday morning. The firm currently has $40.00 target price on the stock.

According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “

Shares of Valeo (VLEEY) traded up 0.79% on Friday, reaching $35.61. The company’s stock had a trading volume of 13,730 shares. Valeo has a 52-week low of $26.33 and a 52-week high of $37.27. The company has a market cap of $16.89 billion, a price-to-earnings ratio of 14.48 and a beta of 1.53. The stock has a 50-day moving average of $34.28 and a 200 day moving average of $34.12.

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About Valeo

Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.

Analyst Recommendations for Valeo (OTCMKTS:VLEEY)

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