Tenneco Inc (NYSE:TEN) stock price target bumped up to $62.00, released a research note earlier today by Jefferies & Co
- Updated: November 30, 2016
Reporting a potential upside of 0.04%, Jefferies & Co raised the target price of Tenneco Inc (NYSE:TEN) to $62.00
Previously on Thursday February 11, 2016, Barclays Capital reported on Tenneco Inc (NYSE:TEN) raised the target price from $50.00 to $55.00 that suggested an upside of 0.26%.
Just yesterday Tenneco Inc (NYSE:TEN) traded -1.23% lower at $59.56. The company’s 50-day moving average is $55.57 and its 200-day moving average is $54.37. The last stock close price is up 8.22% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time period. 639,247 shares of Tenneco Inc traded, up from an avg. volume of 515,380
Recent Performance Chart
With a total market value of $0, Tenneco Inc has P/E ratio of 8.60 with a 52 week low of $34.45 and a 52 week high of $60.89 .
In addition to Jefferies & Co reporting its stock price target, a total of 10 analysts have released a report on Tenneco Inc. The 12-month price target is $62.20 with two equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, four equity analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Tenneco Inc (NYSE:TEN)
Tenneco Inc. (Tenneco) is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The Company operates in six segments: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air, and Asia Pacific Ride Performance. Its various brands include Monroe, Rancho, Clevite Elastomers, Axios, Kinetic, Fric-Rot, Walker, XNOx, Fonos, DynoMax and Thrush clean air products. It designs, manufactures and distributes various products and systems designed to reduce pollution and optimize engine performance, acoustic tuning and weight, including catalytic converters and diesel oxidation catalysts; lean nitrogen oxide (NOx) traps; mufflers and resonators; fabricated exhaust manifolds; pipes; hydroformed assemblies; elastomeric hangers and isolators, and aftertreatment control units.
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