Longbow Research Keeps a Buy Rating on Visteon Corp


In a report issued on April 27, Anthony Deem from Longbow Research reiterated a Buy rating on Visteon Corp (NYSE: VC), with a price target of $160. The company’s shares closed on Friday at $122.82.

According to TipRanks.com, Deem is a 1-star analyst with an average return of -7.0% and a 40.0% success rate. Deem covers the Industrial Goods sector, focusing on stocks such as Aptiv PLC, Autoliv, and Gentex.

Currently, the analyst consensus on Visteon Corp is Moderate Buy and the average price target is $146.33, representing a 19.1% upside.

In a report issued on April 16, Cowen & Co. also initiated coverage with a Buy rating on the stock with a $136 price target.

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The company has a one-year high of $140.64 and a one-year low of $91.20. Currently, Visteon Corp has an average volume of 354.6K.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. Last month, Sachin Lawande, the CEO & President of VC sold 1,539 shares for a total of $190,251.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Visteon Corp. engages in the design, engineering, and manufacture of automotive vehicles and supplies automotive parts. It operates its business through the Electronics and Other segments. The Electronics segment provides vehicle cockpit electronics products to customers. The Other segment includes other product sales.

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