Visteon Upgraded by Barclays Capital (VC) - InvestingChannel

Visteon Upgraded by Barclays Capital (VC)

Shares of Visteon opened at 54.77 on Monday. Visteon has a 52 week low of $27.04 and a 52 week high of $57.00. The stock?s 50-day moving average is currently $51.61. The company has a market cap of $2.903 billion and a P/E ratio of 83.11.

Visteon last announced its earnings results on Thursday, November 1st. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.20. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.62 billion. The company?s revenue for the quarter was down 14.9% on a year-over-year basis. Analysts expect that Visteon will post $2.09 EPS for the current fiscal year.

Separately, analysts at Zacks downgraded shares of Visteon from a ?neutral? rating to an ?underperform? rating in a research note to investors on Thursday, December 27th. They now have a $50.40 price target on the stock.

Visteon Corporation (Visteon) is a supplier of climate, interiors and electronics systems, modules and components to automotive original equipment manufacturers (OEMs) worldwide.