Visteon Co. (NASDAQ:VC) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Visteon Co. (NASDAQ:VC) have received an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $125.23.

A number of equities research analysts have recently issued reports on VC shares. JPMorgan Chase & Co. lowered their target price on Visteon from $132.00 to $122.00 and set a “neutral” rating for the company in a research note on Monday, October 21st. Wells Fargo & Company lowered their price objective on shares of Visteon from $122.00 to $119.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Barclays decreased their target price on shares of Visteon from $140.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, January 22nd. Royal Bank of Canada dropped their price target on shares of Visteon from $129.00 to $124.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Finally, StockNews.com cut shares of Visteon from a “buy” rating to a “hold” rating in a research report on Sunday, November 3rd.

Institutional Investors Weigh In On Visteon

Several large investors have recently made changes to their positions in the company. Nordea Investment Management AB bought a new position in Visteon in the 4th quarter valued at about $7,730,000. Principal Financial Group Inc. increased its stake in shares of Visteon by 3.2% during the third quarter. Principal Financial Group Inc. now owns 274,365 shares of the company’s stock valued at $26,131,000 after acquiring an additional 8,500 shares during the period. Mirabella Financial Services LLP increased its stake in shares of Visteon by 361.3% during the third quarter. Mirabella Financial Services LLP now owns 17,096 shares of the company’s stock valued at $1,628,000 after acquiring an additional 13,390 shares during the period. Systematic Financial Management LP lifted its position in Visteon by 11.8% in the third quarter. Systematic Financial Management LP now owns 259,641 shares of the company’s stock worth $24,728,000 after purchasing an additional 27,403 shares during the period. Finally, Royce & Associates LP boosted its stake in Visteon by 28.2% during the 3rd quarter. Royce & Associates LP now owns 202,214 shares of the company’s stock valued at $19,259,000 after purchasing an additional 44,460 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Visteon Stock Down 3.1 %

Shares of Visteon stock opened at $84.06 on Monday. The company has a fifty day moving average price of $88.51 and a 200 day moving average price of $93.66. The company has a current ratio of 1.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24. Visteon has a twelve month low of $81.74 and a twelve month high of $123.73. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 4.56, a price-to-earnings-growth ratio of 0.37 and a beta of 1.44.

Visteon Company Profile

Visteon Corporation, an automotive technology company, designs, manufactures, and sells automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters for 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as active privacy, TrueColor enhancement, local dimming, cameras, optics, haptic feedback, and light effects; and infotainment and connected car solutions, including scalable Android infotainment for seamless connectivity, as well as onboard artificial intelligence-based voice assistants with natural language understanding.