BMO Capital Markets upgraded shares of Visteon Corporation (NYSE:VC) from a market perform rating to an outperform rating in a report published on Friday morning.

“We also believe the combination of higher-margin products being booked and continued internal initiatives to drive profit enhancement sets the company up well to reach the 14% EBITDA margin goal,,” BMO Capital Markets’ analyst commented.

VC has been the topic of a number of other reports. Zacks Investment Research raised Visteon Corporation from a hold rating to a buy rating and set a $117.00 target price on the stock in a report on Thursday, July 13th. Gabelli lowered Visteon Corporation from a buy rating to a hold rating in a report on Friday, July 28th. They noted that the move was a valuation call. UBS AG lowered Visteon Corporation from a buy rating to a neutral rating and boosted their target price for the stock from $108.00 to $113.00 in a report on Monday, July 31st. BidaskClub raised Visteon Corporation from a buy rating to a strong-buy rating in a report on Monday, July 24th. Finally, Wells Fargo & Company raised Visteon Corporation from a market perform rating to an outperform rating and set a $140.00 target price on the stock in a report on Monday, July 31st. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $113.00.

Shares of Visteon Corporation (NYSE:VC) traded up 1.54% during trading on Friday, reaching $125.46. The company’s stock had a trading volume of 199,665 shares. The stock’s 50 day moving average price is $114.64 and its 200 day moving average price is $103.69. Visteon Corporation has a 52 week low of $64.95 and a 52 week high of $125.48. The company has a market cap of $3.91 billion, a PE ratio of 30.33 and a beta of 0.81.

Visteon Corporation (NYSE:VC) last posted its earnings results on Thursday, July 27th. The auto parts company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.14. The business had revenue of $774.00 million for the quarter, compared to analyst estimates of $770.96 million. Visteon Corporation had a return on equity of 27.56% and a net margin of 4.35%. The firm’s revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.22 EPS. Equities research analysts predict that Visteon Corporation will post $6.11 EPS for the current year.

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In other Visteon Corporation news, insider Robert R. Vallance sold 1,106 shares of the company’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $121.12, for a total value of $133,958.72. Following the transaction, the insider now directly owns 4,086 shares of the company’s stock, valued at approximately $494,896.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Matthew M. Cole sold 1,359 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $114.19, for a total value of $155,184.21. Following the completion of the transaction, the insider now directly owns 693 shares in the company, valued at $79,133.67. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,371 shares of company stock worth $616,016. Insiders own 0.19% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Visteon Corporation by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 2,649,549 shares of the auto parts company’s stock valued at $259,523,000 after buying an additional 55,541 shares in the last quarter. Standard Life Investments LTD grew its holdings in Visteon Corporation by 6.6% in the 2nd quarter. Standard Life Investments LTD now owns 2,021,035 shares of the auto parts company’s stock valued at $206,278,000 after buying an additional 124,361 shares in the last quarter. BlackRock Inc. grew its holdings in Visteon Corporation by 7,509.9% in the 1st quarter. BlackRock Inc. now owns 1,371,527 shares of the auto parts company’s stock valued at $134,341,000 after buying an additional 1,353,504 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Visteon Corporation by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 866,608 shares of the auto parts company’s stock valued at $84,884,000 after buying an additional 21,905 shares in the last quarter. Finally, OppenheimerFunds Inc. grew its holdings in Visteon Corporation by 49.0% in the 1st quarter. OppenheimerFunds Inc. now owns 774,691 shares of the auto parts company’s stock valued at $75,881,000 after buying an additional 254,832 shares in the last quarter.

Visteon Corporation Company Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

Analyst Recommendations for Visteon Corporation (NYSE:VC)

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