Stoneridge (SRI) Receives a Rating Update from a Top Analyst

Barrington analyst Gary Prestopino maintained a Buy rating on Stoneridge (SRIResearch Report) today and set a price target of $45.00. The company’s shares closed last Tuesday at $26.55.

According to, Prestopino is a top 100 analyst with an average return of 43.8% and a 58.0% success rate. Prestopino covers the Technology sector, focusing on stocks such as Bottomline Technologies, Wheels Up Experience, and Cantaloupe.

Currently, the analyst consensus on Stoneridge is a Moderate Buy with an average price target of $45.00.

See today’s analyst top recommended stocks >>

Stoneridge’s market cap is currently $709.8M and has a P/E ratio of -64.60. The company has a Price to Book ratio of 3.75.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stoneridge, Inc. engages in the production of engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. It operates through the following segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment designs and manufactures products that monitor, measure, and activate specific functions within a vehicle such as sensors, switches, valves, and actuators. The Electronics segment offers driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. The Stoneridge Brazil segment sells vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, and telematics solutions. The company was founded by D. M. Draime in 1965 and is headquartered in Novi, MI.

Read More on SRI:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More