Zacks Rating on Lear Corporation (LEA)

Lear Corporation (LEA) : The consensus on Lear Corporation (LEA) based on 10 analyst recommendation on the company stock is 2.1, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Lear Corporation (LEA) : The highest short term price target forecast on Lear Corporation (LEA) is $150 and the lowest target price is $127. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $139.56 with a standard deviation of $8.29.


Shares of Lear Corp. rose by 2.66% in the last five trading days and 2.01% for the last 4 weeks. Lear Corp. is up 0.03% in the last 3-month period. Year-to-Date the stock performance stands at -5.2%. Lear Corporation (NYSE:LEA): stock turned positive on Tuesday. Though the stock opened at $115.3, the bulls momentum made the stock top out at $116.32 level for the day. The stock recorded a low of $115.07 and closed the trading day at $115.8, in the green by 0.92%. The total traded volume for the day was 769,945. The stock had closed at $114.75 in the previous days trading.

Lear Corporation is engaged in providing automotive seat systems and individual seat component parts. The Company has two segments: seating and electrical. The Company seating segment consists of the design, development, engineering, assembly and delivery of complete seat systems. The Company is also involved in the design, development, engineering and manufacture of all seat components, including seat structures and mechanisms, seat covers and surface materials, such as fabric and leather, seat foam and headrests. The Companys electrical segment consists of the design, development, engineering, manufacture, assembly and supply of electrical distribution systems and components for light vehicles. The Company has manufacturing, engineering and administrative capabilities in about 34 countries with 219 locations. The Company also manufactures junction boxes and electronic control modules, which are connected to the wire harness assemblies.

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