A statement released earlier today by Zacks Investment Research about Commercial Vehicle Group, Inc. (NASDAQ:CVGI) ups the target price to $6.25
- Updated: October 16, 2016
Boasting a price of $5.69, Commercial Vehicle Group, Inc. (NASDAQ:CVGI) traded -2.15% lower on the day. With the last stock price close up 28.86% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Commercial Vehicle Group, Inc. has recorded a 50-day average of $5.59 and a two hundred day average of $4.24. Volume of trade was down over the average, with 99,062 shares of CVGI changing hands under the typical 263,934
In a statement issued on Tuesday October 11, 2016 Zacks Investment Research upped the price target of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) to $6.25 stating a potential upside of 0.10%.
With a total market value of $0, Commercial Vehicle Group, Inc. has price-earnings ratio of 28.89 with a one year low of $2.02 and a one year high of $6.00 .
A total of 1 equity analyst has released a ratings update on CVGI. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $5.00.
Brief Synopsis About Commercial Vehicle Group, Inc. (NASDAQ:CVGI)
Commercial Vehicle Group, Inc. is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems. The GCA Segment manufactures and sells the products, which include Electronic wire harness assemblies and Seats, Wiper systems, Office seating, and Aftermarket seats and components. It supplies products for the commercial vehicle market, including the medium-and heavy-duty truck market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, mining, industrial equipment and off-road recreational markets. It has manufacturing operations in the United States, Mexico, the United Kingdom, Czech Republic, Ukraine, China, India and Australia.
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