Visteon Corporation (VC) has an average broker rating of 2, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Visteon Corporation (VC) : 5 Wall Street analysts covering Visteon Corporation (VC) believe that the average level the stock could reach for the short term is $90.4. The maximum price target given is $105 and the minimum target for short term is around $81, hence the standard deviation is calculated at $8.88.
Also, Deutsche Bank initiates coverage on Visteon Corporation (NYSE:VC). The current rating of the shares is Hold, according to the research report released by the firm. The rating by the firm was issued on July 20, 2016.
Visteon Corporation (NYSE:VC): After opening at $70.78, the stock dipped to an intraday low of $70.7 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.58 and the buying power remained strong till the end. The stock closed at $72.52 for the day, a gain of 2.66% for the day session. The total traded volume was 562,398. The stocks close on the previous trading day was $70.64.
Visteon Corporation (Visteon) is a global technology company that designs, engineers and manufactures cockpit electronics products and connected car solutions for vehicle manufacturers. The Company manufactures its products for original equipment vehicle manufacturer (OEM) across the world, including BMW, Chrysler, Daimler, Ford, General Motors, Honda, Hyundai, Kia, Nissan, PSA Peugeot Citroen, Renault, Toyota and Volkswagen. The Company operates through the segments, including Electronics, which provides vehicle cockpit electronics products to customers, including audio systems, infotainment systems, driver information systems, connectivity and telematics solutions, climate controls, and electronic control modules, and Other, in which it designs and manufactures cockpit modules, instrument panels, door and console modules and interior trim.