Zacks Investment Research upgraded shares of Valeo S.A. (OTCMKTS:VLEEY) from a hold rating to a buy rating in a research note published on Thursday. Zacks Investment Research currently has $38.00 price target on the stock.

According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “

Shares of Valeo (VLEEY) opened at 33.86 on Thursday. The firm has a 50-day moving average of $34.91 and a 200 day moving average of $33.90. Valeo has a 12 month low of $25.33 and a 12 month high of $37.27. The firm has a market cap of $16.06 billion, a P/E ratio of 13.71 and a beta of 1.53.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this piece of content can be viewed at https://theolympiareport.com/2017/08/28/valeo-s-a-vleey-upgraded-to-buy-by-zacks-investment-research.html.

About Valeo

Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.

Get a free copy of the Zacks research report on Valeo (VLEEY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Valeo (OTCMKTS:VLEEY)

Receive News & Ratings for Valeo S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeo S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.