Wells Fargo (NYSE:WFC) analyst Colin Langan maintained a Buy rating on Tenneco Automotive (NYSE:TEN) on Friday, setting a price target of $20, which is approximately 47.71% above the present share price of $13.54.
Langan expects Tenneco Automotive to post earnings per share (EPS) of -$0.12 for the third quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Tenneco Automotive, with an average price target of $17.83.
The analysts price targets range from a high of $25 to a low of $8.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $4.58 billion and a net profit of $123 million. The company's market cap is $1.11 billion.
According to TipRanks.com, Wells Fargo analyst Colin Langan is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.1% and a 59.80% success rate.
Tenneco, Inc. engages in the design, manufacture, and distribution of engineered products for both original equipment vehicle manufacturers and the repair and replacement markets. It operates through the following segments: North America Clean Air; North America Ride Performance; Europe, South America, and India Clean Air; Europe, South America, and India Ride Performance; Asia Pacific Clean Air; and Asia Pacific Ride Performance. Its brands include Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, and Fric-Rot for ride control products; and Walker, Fonos, DynoMax, Thrush, and Lukey for emission control products. The company was founded on April 1, 1940 and is headquartered in Lake Forest, IL.