In a report released today, Colin Langan from Wells Fargo maintained a Sell rating on Visteon (VC – Research Report), with a price target of $106.00. The company’s shares closed last Friday at $112.48.
According to TipRanks, Langan is an analyst with an average return of -6.2% and a 45.05% success rate. Langan covers the Consumer Cyclical sector, focusing on stocks such as Autoliv, BorgWarner, and Dana Holding.
Currently, the analyst consensus on Visteon is a Moderate Buy with an average price target of $146.82.
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Based on Visteon’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $990 million and a net profit of $366 million. In comparison, last year the company earned a revenue of $1.06 billion and had a net profit of $34 million
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Visteon (VC) Company Description:
Visteon Corp. engages in the design, engineering, and manufacture of electronics products, automotive vehicles and supplies automotive parts. Its products include Instrument Clusters, Information Displays, Audio and Infotainment Systems, Telematics Solutions, Head-Up Displays, SmartCore Domain Controller and DriveCore Autonomous Driving Controller. The company was founded on January 5, 2000 and is headquartered in Van Buren Township, MI.
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