HELLA GMBH & CO KGAA (ETR:HLE) received a €55.00 ($63.95) target price from analysts at equinet in a research note issued on Monday, September 17th. The brokerage presently has a “buy” rating on the stock. equinet’s price objective indicates a potential upside of 32.79% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. Deutsche Bank set a €55.00 ($63.95) price target on HELLA GMBH & CO KGAA and gave the company a “neutral” rating in a report on Monday, August 13th. Nord/LB set a €50.00 ($58.14) price target on HELLA GMBH & CO KGAA and gave the company a “neutral” rating in a report on Monday, August 13th. JPMorgan Chase & Co. set a €65.00 ($75.58) price target on HELLA GMBH & CO KGAA and gave the company a “buy” rating in a report on Tuesday, July 17th. UBS Group set a €60.00 ($69.77) price target on HELLA GMBH & CO KGAA and gave the company a “buy” rating in a report on Friday, August 10th. Finally, Berenberg Bank set a €55.00 ($63.95) price target on HELLA GMBH & CO KGAA and gave the company a “buy” rating in a report on Wednesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €54.00 ($62.79).
Shares of HLE stock traded up €0.08 ($0.09) during trading hours on Monday, hitting €41.42 ($48.16). 202,683 shares of the company’s stock were exchanged, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a 52 week low of €39.08 ($45.44) and a 52 week high of €59.10 ($68.72).
HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting products, and electronic components and systems for automotive industry worldwide. It operates through three segments: Automotive, Aftermarket, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, car body lighting products, interior lights, and radomes; and body electronics, energy management, lighting electronics, and steering solutions, as well as driver assistance systems and components, including sensors and engine compartment actuators.
Featured Article: Does the discount rate affect the economy?
Receive News & Ratings for HELLA GMBH & CO KGAA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HELLA GMBH & CO KGAA and related companies with MarketBeat.com's FREE daily email newsletter.