In a report issued on July 17, David Leiker from Robert W. Baird reiterated a Buy rating on Lear Corp (NYSE: LEA), with a price target of $238. The company’s shares closed yesterday at $184.14.
According to TipRanks.com, Leiker is a 5-star analyst with an average return of 13.4% and a 66.5% success rate. Leiker covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, Visteon Corp, and BorgWarner.
Lear Corp has an analyst consensus of Moderate Buy, with a price target consensus of $222.57.
See today’s analyst top recommended stocks >>
Lear Corp’s market cap is currently $12.22B and has a P/E ratio of 9.48. The company has a Price to Book ratio of 2.78.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock.
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.
Lear Corp. engages in the design, manufacture, and supply of automotive seat, electrical distribution systems, and electronic modules, as well as related sub-systems, components, and software. It operates through the Seating and E-Systems segments.
