Faurecia S.E. (OTCMKTS:FURCF – Get Rating) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 212,800 shares, a growth of 34.9% from the June 30th total of 157,700 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 193.5 days.

Faurecia S.E. Stock Up 9.7 %

FURCF stock opened at $18.38 on Monday. The firm's 50-day moving average is $21.31 and its 200 day moving average is $28.67. Faurecia S.E. has a 12 month low of $15.55 and a 12 month high of $55.32.

Analysts Set New Price Targets

Several equities analysts have commented on FURCF shares. Royal Bank of Canada lowered their price objective on shares of Faurecia S.E. from €31.00 ($31.63) to €25.00 ($25.51) and set a "sector perform" rating for the company in a research report on Wednesday, July 27th. Morgan Stanley lowered their price objective on shares of Faurecia S.E. from €48.00 ($48.98) to €38.00 ($38.78) in a research report on Friday, April 29th. JPMorgan Chase & Co. lowered their target price on shares of Faurecia S.E. from €60.00 ($61.22) to €40.00 ($40.82) and set an "overweight" rating for the company in a report on Monday, May 16th. Barclays lowered shares of Faurecia S.E. from an "overweight" rating to an "underweight" rating and set a $15.00 target price for the company. in a report on Wednesday, July 6th. Finally, UBS Group lowered their target price on shares of Faurecia S.E. from €44.00 ($44.90) to €35.00 ($35.71) and set a "buy" rating for the company in a report on Tuesday, May 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $39.38.

About Faurecia S.E.

Faurecia S.E., together with its subsidiaries, manufactures and sells automotive equipment in France, Germany, other European countries, North America, South America, Asia, and internationally. It operates through Seating, Interiors, Clean Mobility, and Clarion Electronics segments. The Seating segment designs and manufactures vehicle seats, seating frames, covers and foams, and comfort solutions.

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