Brokerages Set Visteon Co. (NASDAQ:VC) Price Target at $117.25

Shares of Visteon Co. (NASDAQ:VC - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the fourteen research firms that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $117.25.

A number of analysts have recently weighed in on the stock. TD Cowen assumed coverage on shares of Visteon in a research report on Friday, March 7th. They set a "buy" rating and a $108.00 price target for the company. Royal Bank of Canada dropped their target price on shares of Visteon from $127.00 to $100.00 and set an "outperform" rating for the company in a research report on Wednesday, February 19th. Wells Fargo & Company increased their price target on shares of Visteon from $119.00 to $124.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 19th. Morgan Stanley lowered their price objective on Visteon from $100.00 to $95.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. Finally, Barclays reduced their target price on Visteon from $115.00 to $110.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd.

Institutional Trading of Visteon

A number of large investors have recently modified their holdings of VC. Quadrant Capital Group LLC grew its position in Visteon by 225.3% in the 4th quarter. Quadrant Capital Group LLC now owns 501 shares of the company's stock worth $44,000 after purchasing an additional 347 shares during the last quarter. Signaturefd LLC boosted its position in shares of Visteon by 62.5% during the fourth quarter. Signaturefd LLC now owns 684 shares of the company's stock worth $61,000 after buying an additional 263 shares during the period. KBC Group NV increased its position in Visteon by 37.7% in the 3rd quarter. KBC Group NV now owns 902 shares of the company's stock valued at $86,000 after acquiring an additional 247 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in Visteon by 884.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,181 shares of the company's stock valued at $105,000 after acquiring an additional 1,061 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Visteon by 136.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company's stock worth $116,000 after acquiring an additional 754 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.

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Visteon Stock Down 2.2 %

NASDAQ:VC traded down $1.78 on Tuesday, reaching $80.26. The stock had a trading volume of 259,964 shares, compared to its average volume of 286,551. The company has a 50-day moving average of $84.42 and a 200 day moving average of $89.27. The company has a current ratio of 1.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.17 billion, a P/E ratio of 8.18, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39. Visteon has a 12-month low of $75.75 and a 12-month high of $119.16.

Visteon (NASDAQ:VC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $4.44 EPS for the quarter, beating analysts' consensus estimates of $1.97 by $2.47. Visteon had a return on equity of 24.58% and a net margin of 7.09%. The firm had revenue of $939.00 million during the quarter, compared to the consensus estimate of $954.17 million. On average, research analysts predict that Visteon will post 8.42 earnings per share for the current year.

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.