In a report released yesterday, David Kelley from Jefferies reiterated a Hold rating on Garrett Motion Inc (GTX), with a price target of $17. The company’s shares closed yesterday at $15.84.
According to TipRanks.com, Kelley is a 3-star analyst with an average return of 7.7% and a 61.9% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Visteon Corp, Veoneer Inc, and BorgWarner.
Currently, the analyst consensus on Garrett Motion Inc is a Hold with an average price target of $16, representing a 1.0% upside. In a report issued on February 20, Barclays also reiterated a Hold rating on the stock with a $15 price target.
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The company has a one-year high of $22 and a one-year low of $11.01. Currently, Garrett Motion Inc has an average volume of 1.01M.
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Garrett Motion, Inc. enages in desigining, manufacturing and sells engineered turbocharger, electric-boosting technologies for light and commercial vehicle original equipment manufacturers. The company is headquartered in Rolle, Switzerland.
