Barrington analyst Gary Prestopino maintained a Buy rating on Superior Industries International (SUP) today and set a price target of $7.00. The company’s shares closed last Monday at $2.91, close to its 52-week low of $2.26.
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 2.6% and a 50.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Liquidity Services, and Cardtronics.
The word on The Street in general, suggests a Hold analyst consensus rating for Superior Industries International.
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Based on Superior Industries International’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $6.74 million. In comparison, last year the company had a net profit of $8 million.
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Superior Industries International, Inc. engages in the design and manufacture of aluminum road wheels for passenger cars and light-duty vehicles. It offers its products to original equipment manufacturers for the automotive industry. The firm supplies cast aluminum wheels with wheel manufacturing operations in the United States and Mexico.