Published On: Wed, Oct 19th, 2016

Analyst Review: Lear Corporation (NYSE:LEA)


A number of investment brokers have recently updated their price targets on shares of Lear Corporation (NYSE:LEA).

Most recent broker ratings

10/14/2016 – Lear Corporation was downgraded to “sector perform” by analysts at RBC Capital. They now have a USD 121 price target on the stock.

10/10/2016 – Robert W. Baird began new coverage on Lear Corporation giving the company a “neutral” rating. They now have a USD 133 price target on the stock.

10/06/2016 – Lear Corporation was downgraded to “sell” by analysts at Goldman Sachs. They now have a USD 107 price target on the stock.

08/09/2016 – Seaport Global Securities began new coverage on Lear Corporation giving the company a “neutral” rating.

08/01/2016 – Lear Corporation had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 127 price target on the stock.

06/21/2016 – Lear Corporation was downgraded to “neutral” by analysts at Bank of America Merrill Lynch.

03/15/2016 – Lear Corporation had its “buy” rating reiterated by analysts at UBS.

03/02/2016 – Lear Corporation had its “outperform” rating reiterated by analysts at Morgan Stanley.

01/29/2016 – Lear Corporation had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 124 price target on the stock.

01/26/2016 – Lear Corporation had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 134 price target on the stock.

12/03/2015 – Lear Corporation had its “neutral” rating reiterated by analysts at Susquehanna. They now have a USD 100 price target on the stock.

12/03/2015 – Lear Corporation had its “neutral” rating reiterated by analysts at JP Morgan. They now have a USD 111 price target on the stock.

12/03/2015 – Lear Corporation had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 132 price target on the stock.

05/20/2015 – Lear Corporation was downgraded to “hold” by analysts at Zacks. They now have a USD 127 price target on the stock.

05/20/2015 – Evercore ISI began new coverage on Lear Corporation giving the company a “buy” rating. They now have a USD 160 price target on the stock.

The share price of Lear Corporation (NYSE:LEA) was down -2.65% during the last day of trading, with a day high of 116.98. 1768917 shares were traded during the last session.

The stock’s 50 day moving average is 117.89 and its 200 day moving average is 113.70. The stock’s market capitalization is 8.07B. Lear Corporation has a 52-week low of 93.54 and a 52-week high of 127.00.

Lear Corporation (Lear) is a supplier to the global automotive industry. The Company is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers. The Company operates through two segments: seating and electrical. The seating segment consists of the design, development, engineering, assembly and delivery of seat systems, as well as the design, development, engineering and manufacture of seat components, including seat covers and surface materials. Its electrical segment consists of the design, development, engineering and manufacture of electrical distribution systems that route electrical signals and manage electrical power within a vehicle. It has over 240 manufacturing, engineering and administrative locations in approximately 40 countries. It has automotive content on over 350 vehicle nameplates across the world.