In a report issued on July 30, Brian Johnson from Barclays maintained a Hold rating on Lear Corp (LEA), with a price target of $117. The company’s shares closed yesterday at $126.78.
According to TipRanks.com, Johnson is a 2-star analyst with an average return of 0.5% and a 53.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lear Corp with a $145.90 average price target, a 15.1% upside from current levels. In a report issued on July 17, RBC Capital also downgraded the stock to Hold with a $135 price target.
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Lear Corp’s market cap is currently $7.74B and has a P/E ratio of 9.16. The company has a Price to Book ratio of 1.83.
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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.
