Visteon Co. (NASDAQ:VC) Receives $125.23 Consensus PT from Analysts

Visteon Co. (NASDAQ:VC) has received an average rating of “Moderate Buy” from the fifteen research firms that are presently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $125.23.

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

Visteon Price Performance

Shares of NASDAQ VC opened at $85.15 on Monday. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 4.62, a PEG ratio of 0.37 and a beta of 1.45. Visteon has a 52 week low of $81.74 and a 52 week high of $123.73. The company’s 50-day moving average price is $88.73 and its 200 day moving average price is $94.19. The company has a current ratio of 1.82, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24.

Hedge Funds Weigh In On Visteon

Institutional investors have recently modified their holdings of the company. Signaturefd LLC grew its position in shares of Visteon by 46.7% during the third quarter. Signaturefd LLC now owns 421 shares of the company’s stock worth $40,000 after acquiring an additional 134 shares during the last quarter. KBC Group NV lifted its holdings in Visteon by 37.7% in the third quarter. KBC Group NV now owns 902 shares of the company’s stock worth $86,000 after purchasing an additional 247 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Visteon by 136.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the company’s stock worth $116,000 after purchasing an additional 754 shares during the period. Covestor Ltd lifted its holdings in Visteon by 14.8% in the third quarter. Covestor Ltd now owns 1,567 shares of the company’s stock worth $149,000 after purchasing an additional 202 shares during the period. Finally, Morse Asset Management Inc acquired a new stake in Visteon in the third quarter worth about $164,000. Institutional investors own 99.71% of the company’s stock.

About Visteon

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.