In a report released today, Armintas Sinkevicius from Morgan Stanley maintained a Sell rating on Visteon Corp (VC), with a price target of $70. The company’s shares closed yesterday at $78.74, close to its 52-week low of $67.27.
According to TipRanks.com, Sinkevicius is a 2-star analyst with an average return of 0.0% and a 50.0% success rate. Sinkevicius covers the Industrial Goods sector, focusing on stocks such as Tenneco Automotive, BorgWarner, and Adient plc.
Visteon Corp has an analyst consensus of Moderate Buy, with a price target consensus of $94.80.
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The company has a one-year high of $140.64 and a one-year low of $67.27. Currently, Visteon Corp has an average volume of 672.2K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VC in relation to earlier this year.
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Visteon Corp. engages in the design, engineering, and manufacture of electronics products, automotive vehicles and supplies automotive parts.. The firm provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment systems, audio systems, telematics solutions and head-up displays.
