Visteon Corporation (NYSE:VC) has received an average recommendation of “Hold” from the ten analysts that are currently covering the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $87.64.
VC has been the topic of a number of recent research reports. Zacks Investment Research lowered Visteon Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, October 27th. FBR & Co set a $90.00 price target on Visteon Corporation and gave the company a “buy” rating in a research note on Sunday, October 30th. BMO Capital Markets initiated coverage on Visteon Corporation in a research note on Tuesday, December 20th. They set a “market perform” rating and a $85.00 price target on the stock. Raymond James Financial, Inc. raised Visteon Corporation from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Wednesday, January 11th. Finally, Barclays PLC lifted their price target on Visteon Corporation from $83.00 to $86.00 and gave the company an “equal weight” rating in a research note on Thursday, January 12th.
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A number of large investors have recently modified their holdings of the company. Stifel Financial Corp increased its stake in shares of Visteon Corporation by 481.5% in the second quarter. Stifel Financial Corp now owns 20,458 shares of the company’s stock worth $1,346,000 after buying an additional 16,940 shares during the last quarter. Amalgamated Bank increased its stake in shares of Visteon Corporation by 14.0% in the second quarter. Amalgamated Bank now owns 5,453 shares of the company’s stock worth $388,000 after buying an additional 671 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Visteon Corporation by 41.9% in the second quarter. Legal & General Group Plc now owns 37,482 shares of the company’s stock worth $2,467,000 after buying an additional 11,071 shares during the last quarter. A.R.T. Advisors LLC increased its stake in shares of Visteon Corporation by 77.5% in the second quarter. A.R.T. Advisors LLC now owns 93,103 shares of the company’s stock worth $6,127,000 after buying an additional 40,647 shares during the last quarter. Finally, Eagle Global Advisors LLC increased its stake in shares of Visteon Corporation by 0.7% in the second quarter. Eagle Global Advisors LLC now owns 85,917 shares of the company’s stock worth $5,654,000 after buying an additional 605 shares during the last quarter.
Shares of Visteon Corporation (NYSE:VC) opened at 91.24 on Monday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 36.39 and a beta of 1.11. Visteon Corporation has a one year low of $60.74 and a one year high of $93.37. The firm has a 50-day moving average of $87.25 and a 200 day moving average of $76.40.
Visteon Corporation Company Profile
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.
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