Zacks Investment Research disclosed Lear Corporation (NYSE:LEA), boosting its price target to $144.00 earlier today
- Updated: November 28, 2016
Boasting a price of $129.62, Lear Corporation (NYSE:LEA) traded -0.73% lower on the day. With the last stock price close up 11.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Lear Corporation has recorded a 50-day average of $121.05 and a two hundred day average of $115.83. Volume of trade was down over the average, with 635,002 shares of LEA changing hands under the typical 802,008
Reporting a potential upside of 0.11%, Zacks Investment Research upped the price target of Lear Corporation (NYSE:LEA) to $144.00
With a total market value of $0, Lear Corporation has price-earnings ratio of 9.77 with a one year low of $93.54 and a one year high of $130.59 .
A total of 14 equity analysts have released a ratings update on LEA. Four equity analysts rating the company a strong buy, six equity analysts rating the company a buy, six 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 $139.57.
Brief Synopsis About 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 operates through two segments: seating and electrical. The seating segment consists of the design, development, engineering, assembly and delivery of seat systems, as well as the design, development, engineering and manufacture of seat components, including seat covers and surface materials. Its electrical segment consists of the design, development, engineering and manufacture of electrical distribution systems that route electrical signals and manage electrical power within a vehicle. It has over 240 manufacturing, engineering and administrative locations in approximately 40 countries. It has automotive content on over 350 vehicle nameplates across the world.
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