Nord/LB Analysts Give HELLA GMBH & CO KGAA (HLE) a €50.00 Price Target

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HELLA GMBH & CO KGAA (ETR:HLE) received a €50.00 ($58.82) price target from equities researchers at Nord/LB in a report issued on Wednesday. The firm presently has a “neutral” rating on the stock. Nord/LB’s price target points to a potential downside of 1.67% from the company’s current price.

A number of other research analysts also recently commented on HLE. equinet set a €55.00 ($64.71) price objective on HELLA GMBH & CO KGAA and gave the stock a “buy” rating in a research note on Monday, July 9th. Goldman Sachs Group set a €54.00 ($63.53) price objective on HELLA GMBH & CO KGAA and gave the stock a “neutral” rating in a research note on Wednesday. Warburg Research set a €65.00 ($76.47) price objective on HELLA GMBH & CO KGAA and gave the stock a “buy” rating in a research note on Friday, July 6th. UBS Group set a €60.00 ($70.59) price objective on HELLA GMBH & CO KGAA and gave the stock a “buy” rating in a research note on Tuesday, July 10th. Finally, JPMorgan Chase & Co. set a €65.00 ($76.47) price objective on HELLA GMBH & CO KGAA and gave the stock a “buy” rating in a research note on Friday, July 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €55.10 ($64.82).

Shares of HELLA GMBH & CO KGAA opened at €50.85 ($59.82) on Wednesday, according to Marketbeat. HELLA GMBH & CO KGAA has a 12 month low of €39.08 ($45.98) and a 12 month high of €59.10 ($69.53).

About HELLA GMBH & CO KGAA

HELLA GmbH & Co KGaA, together with its subsidiaries, develops, manufactures, and sells lighting products, and electronic components and systems for automotive industry worldwide. The company operates through three segments: Automotive, Aftermarkets, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, signal lamps, interior lamps, and lighting electronics; body electronics, such as central control units and access systems that include sensors and vacuum pumps; and energy management and driver assistance systems.

Further Reading: Earnings Per Share (EPS) Explained

Analyst Recommendations for HELLA GMBH & CO KGAA (ETR:HLE)

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