Valeo, SA (OTCMKTS:VLEEY) – Stock analysts at Jefferies Group reduced their FY2018 earnings estimates for Valeo in a research note issued on Wednesday. Jefferies Group analyst A. Kurian now forecasts that the company will earn $2.67 per share for the year, down from their previous estimate of $2.96. Jefferies Group also issued estimates for Valeo’s FY2019 earnings at $3.09 EPS and FY2020 earnings at $3.53 EPS.
VLEEY has been the subject of several other reports. Zacks Investment Research lowered Valeo from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. ValuEngine upgraded Valeo from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.
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Valeo Company Profile
Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.
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