Breaking Down Lear: 7 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Seven analysts have recently updated their ratings on Lear Corporation (NYSE:LEA), showing a mix of neutral and bullish outlooks. The average 12-month price target has been raised to $151.43, indicating a slight optimism in the stock's future performance. Analyst actions include both upgrades and downgrades, with price targets ranging from $134.00 to $179.00. Lear's financial performance shows strong revenue growth and ROE, but challenges in net margin and ROA. The company is a major player in automotive seating and electrical systems, with GM and North America being its largest customer and market.
May 01, 2024 | 8:01 pm
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Lear Corporation receives mixed analyst ratings with an updated average 12-month price target of $151.43, reflecting slight optimism. The company's strong revenue growth and ROE contrast with challenges in net margin and ROA.
The mixed analyst ratings with a lean towards bullish outlooks due to the raised average price target suggest a positive short-term impact on LEA's stock price. The company's strong revenue growth and above-average ROE indicate solid fundamentals, potentially attracting investor interest. However, the concerns regarding net margin and ROA might temper the optimism, making the overall impact moderately positive.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100