Breaking Finance News

Bank of America Corporation downgraded Lear Corporation (NYSE:LEA) to Underperform in a statement released earlier today.

Having a price of $144.54, Lear Corporation (NYSE:LEA) traded 1.13% higher on the day. With the last close up 17.95% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same time period. LEA has recorded a 50-day moving average of $149.19 and a 200-day moving average of $144.41. 638,638 shares of Lear Corporation exchanged hands, down from an avg. volume of 688,742

Bank of America Corporation has downgraded Lear Corporation (NYSE:LEA) to Underperform in a statement released on 6/16/2017.

Previously on Thursday June 08, 2017, Morgan Stanley released a statement about Lear Corporation (NYSE:LEA) reduced the target price from $149.00 to $142.00. At the time, this suggested a downside of -0.07%.

Performance Chart

Lear Corporation (NYSE:LEA)

Lear Corporation has a 52 week low of $110.77 and a 52 week high of $171.30 with a P/E ratio of 11.35 The company’s market cap is currently $0.

Also covering Lear Corporation's price target, a total of 14 brokerages have issued a ratings update on LEA. The one year target is $139.57 with four analysts rating the company a strong buy, six analysts rating the company a buy, 6 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Lear Corporation (NYSE:LEA)

Lear Corporation (Lear) is a supplier to the global automotive industry. The Company is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers. The Company's segments include Seating and E-Systems. The Company serves the automotive and light truck market. The Seating segment consists of the design, development, engineering, just-in-time assembly and delivery of complete seat systems, as well as the design, development, engineering and manufacture of all seat components, including seat covers and surface materials, such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The E-Systems segment consists of the design, development, engineering, manufacture, assembly and supply of electrical distribution systems, electronic modules and related components and software for light vehicles across the world.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.