Guggenheim reissued their buy rating on shares of Visteon (NYSE:VC) in a research report released on Wednesday. Guggenheim currently has a $154.00 price target on the auto parts company’s stock.

A number of other brokerages have also issued reports on VC. Zacks Investment Research raised Visteon from a hold rating to a buy rating and set a $141.00 target price on the stock in a research report on Saturday, January 6th. Barclays set a $107.00 target price on Visteon and gave the stock a hold rating in a research report on Friday, October 20th. Robert W. Baird reaffirmed a buy rating and set a $143.00 target price on shares of Visteon in a research report on Tuesday, October 17th. Royal Bank of Canada reaffirmed a hold rating and set a $138.00 target price on shares of Visteon in a research report on Wednesday, December 20th. Finally, FBR & Co lifted their target price on Visteon from $120.00 to $140.00 and gave the stock a buy rating in a research report on Friday, October 27th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $132.31.

Visteon (VC) traded down $0.05 during trading hours on Wednesday, reaching $138.03. The company’s stock had a trading volume of 167,719 shares, compared to its average volume of 213,686. The company has a quick ratio of 1.76, a current ratio of 1.97 and a debt-to-equity ratio of 0.47. Visteon has a one year low of $86.10 and a one year high of $140.64. The stock has a market capitalization of $4,290.00, a price-to-earnings ratio of 26.39, a PEG ratio of 1.34 and a beta of 0.86.

Visteon (NYSE:VC) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.25 by $0.17. Visteon had a return on equity of 29.13% and a net margin of 4.83%. The company had revenue of $765.00 million for the quarter, compared to analyst estimates of $761.95 million. During the same period last year, the company posted $1.10 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. research analysts predict that Visteon will post 6.23 EPS for the current fiscal year.

In related news, CEO Sachin Lawande sold 2,004 shares of the business’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $123.90, for a total value of $248,295.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 17,004 shares of company stock valued at $2,180,621. 0.19% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in VC. SG Americas Securities LLC bought a new stake in Visteon in the second quarter valued at about $246,000. Comerica Bank increased its holdings in Visteon by 428.7% in the second quarter. Comerica Bank now owns 11,907 shares of the auto parts company’s stock valued at $1,287,000 after buying an additional 9,655 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in Visteon by 64.6% in the second quarter. BNP Paribas Arbitrage SA now owns 1,340 shares of the auto parts company’s stock valued at $137,000 after buying an additional 526 shares during the last quarter. Neuberger Berman Group LLC bought a new stake in Visteon in the second quarter valued at about $5,021,000. Finally, JPMorgan Chase & Co. increased its holdings in Visteon by 29.3% in the second quarter. JPMorgan Chase & Co. now owns 175,085 shares of the auto parts company’s stock valued at $17,869,000 after buying an additional 39,689 shares during the last quarter.

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Visteon Company Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

Analyst Recommendations for Visteon (NYSE:VC)

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