Zacks Investment Research downgraded Visteon Corp (NYSE:VC) to Hold in a report released today.
- Updated: October 6, 2016
Zacks Investment Research has downgraded Visteon Corp (NYSE:VC) to Hold in a report released on 10/06/2016.
Previously on 09/29/2016, Zacks Investment Research reported on Visteon Corp (NYSE:VC) raised the target price from $0.00 to $80.00. At the time, this indicated a possible upside of 0.12%.
Yesterday Visteon Corp (NYSE:VC) traded -1.62% lower at $69.62. The company’s 50-day moving average is $71.38 and its 200-day moving average is $72.70. The last closing price is down -3.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 195,959 shares of the stock were exchanged, down from an average trading volume of 414,088
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Visteon Corp has a 52 week low of $58.83 and a 52 week high of $121.65 with a P/E ratio of 38.00 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 brokers have issued a report on the company. The average stock price target is $90.63 with 4 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Visteon Corp (NYSE:VC)
Visteon Corporation is a global automotive supplier that designs, engineers and manufactures products for original equipment vehicle manufacturer (OEM) across the world, including Ford, Nissan, Renault, Mazda, BMW, General Motors and Honda. The Company's segments include Electronics, which provides vehicle cockpit electronics products to customers, including audio systems, information displays, instrument clusters, head up displays, infotainment systems and telematics solutions, and Other, which includes entities located in Europe. Other also includes entities in South America and South Africa. The Company designs and manufacturers vehicle cockpit electronics components, modules and systems. The Company offers a range of audio products, including audio head units, amplifiers and analog and digital radios. The Company offers a full line of instrument clusters, from standard analog gauge clusters to high-resolution, fully configurable, display-based devices.
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