Mizuho Securities analyst Vijay Rakesh maintained a Hold rating on Veoneer (NYSE:VNE) Inc on Sunday, setting a price target of $37, which is approximately 4.14% above the present share price of $35.53.
Rakesh expects Veoneer Inc to post earnings per share (EPS) of -$0.84 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Veoneer, with an average price target of $36.36.
The analysts price targets range from a high of $37 to a low of $31.25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $391 million and a net profit of -$89 million. The company's market cap is $3.98 billion.
According to TipRanks.com, Mizuho Securities analyst Vijay Rakesh is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.4% and a 70.00% success rate.
Veoneer, Inc. engages in the design, development, sale, and manufacture of automotive safety electronics. It operates through the Electronics and Brake Systems segments. The Electronics segment consists of safety and restraint control systems product areas. The Brake Systems segment comprises of brake systems product area. Its products include advanced driver assistance systems and highly automated driving solutions with focus on autonomous driving. The company was founded on April 1, 2018 and is headquartered in Stockholm, Sweden.