Jefferies analyst Vanessa Jeffriess has maintained their neutral stance on 0RH5 stock, giving a Hold rating today.
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Vanessa Jeffriess’s rating is based on a combination of factors, including Valeo’s performance surpassing expectations despite challenging market conditions. The company’s ability to maintain guidance amidst a less-than-ideal mix scenario is commendable, although there are concerns about the impact of one-off items on the results. The third quarter showed strong numbers, particularly in the POWER division, but there are uncertainties about the sustainability of this performance into the fourth quarter, which is typically stronger. Furthermore, industry challenges, such as those related to Nexperia, pose risks to future forecasts, although some concerns have recently diminished. While Valeo’s progress is evident, especially in cost control and divisional dynamics, the underperformance in China and the mixed results in different divisions contribute to a cautious outlook. Therefore, the Hold rating reflects a balanced view of Valeo’s achievements and the potential risks ahead.
According to TipRanks, Jeffriess is a 4-star analyst with an average return of 8.5% and a 60.00% success rate. Jeffriess covers the Consumer Cyclical sector, focusing on stocks such as Dowlais Group PLC, AB Dynamics, and Aumovio SE.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a €10.50 price target.