B.Riley FBR analyst Christopher Van Horn reiterated a Buy rating on Superior Industries International (NYSE: SUP) today and set a price target of $33. The company’s shares opened today at $21.90, close to its 52-week high of $22.50.
According to TipRanks.com, Horn is a 4-star analyst with an average return of 9.1% and a 57.6% success rate. Horn covers the Industrial Goods sector, focusing on stocks such as Tower International, Park-Ohio Holdings, and Dana Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Superior Industries International with a $30 average price target, implying a 37.0% upside from current levels. In a report released yesterday, Barrington also assigned a Buy rating to the stock with a $27 price target.
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The company has a one-year high of $22.50 and a one-year low of $12.70. Currently, Superior Industries International has an average volume of 180.1K.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Parveen Kakar, the SVP of SUP sold 4,500 shares for a total of $87,255.
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Superior Industries International, Inc. engages in the design and manufacture of aluminum road wheels for passenger cars and light-duty vehicles. It offers its products to original equipment manufacturers for the automotive industry. The firm supplies cast aluminum wheels with wheel manufacturing operations in the United States and Mexico.
