HELLA GMBH & CO KGAA (ETR:HLE) PT Set at €49.00 by Goldman Sachs Group

Goldman Sachs Group set a €49.00 ($56.98) price objective on HELLA GMBH & CO KGAA (ETR:HLE) in a report released on Wednesday, October 17th. The brokerage currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. DZ Bank restated a buy rating on shares of HELLA GMBH & CO KGAA in a research note on Tuesday, June 19th. JPMorgan Chase & Co. restated a buy rating on shares of HELLA GMBH & CO KGAA in a research note on Tuesday, August 28th. Berenberg Bank set a €55.00 ($63.95) price target on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research note on Wednesday, August 22nd. Hauck & Aufhaeuser set a €64.00 ($74.42) price target on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research note on Wednesday, July 18th. Finally, Kepler Capital Markets set a €58.00 ($67.44) price objective on shares of HELLA GMBH & CO KGAA and gave the company a neutral rating in a report on Tuesday, July 17th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €53.61 ($62.34).

Shares of ETR HLE traded down €0.78 ($0.91) during midday trading on Wednesday, hitting €40.00 ($46.51). 130,126 shares of the stock traded hands, compared to its average volume of 158,303. HELLA GMBH & CO KGAA has a one year low of €39.08 ($45.44) and a one year high of €59.10 ($68.72).

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. It operates through three segments: Automotive, Aftermarket, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, car body lighting products, interior lights, and radomes; and body electronics, energy management, lighting electronics, and steering solutions, as well as driver assistance systems and components, including sensors and engine compartment actuators.

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