Faurecia (FURCY) Upgraded to “Strong-Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Faurecia (NASDAQ:FURCY) from a hold rating to a strong-buy rating in a research report report published on Tuesday. They currently have $24.00 target price on the stock.

According to Zacks, “Faurecia SA engages in the manufacturing and supply of automotive components. It operating business segments consists of Faurecia Automotive Seating, Faurecia Emissions Control Technologies, Faurecia Interior Systems and Faurecia Automotive Exteriors. Faurecia Automotive Seating segment involves in the design of vehicle seats, manufacture of seating frames and adjustment mechanisms, and assembly of complete seating units. Faurecia Emissions Control Technologies segment engages in the manufacture and design of exhaust systems. Faurecia Interior Systems segment manufactures and designs instrument panels, door panels and modules, and acoustic components. Faurecia Automotive Exteriors segment involves in the design and manufacture of front ends and safety modules. Faurecia SA is headquartered in Nanterre, France. “

Faurecia (NASDAQ:FURCY) remained flat at $21.30 on Tuesday. The stock’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. The firm has a market capitalization of $5.85 billion and a P/E ratio of 8.69. Faurecia has a 52-week low of $17.69 and a 52-week high of $22.64.

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