Zacks Investment Research Lowers Faurecia (NASDAQ:FURCY) to Hold

Zacks Investment Research lowered shares of Faurecia (NASDAQ:FURCY) from a buy rating to a hold rating in a research report sent to investors on Friday, September 8th.

According to Zacks, “Faurecia SA engages in the manufacturing and supply of automotive components. It operating business segments consists of Faurecia Automotive Seating, Faurecia Emissions Control Technologies, Faurecia Interior Systems and Faurecia Automotive Exteriors. Faurecia Automotive Seating segment involves in the design of vehicle seats, manufacture of seating frames and adjustment mechanisms, and assembly of complete seating units. Faurecia Emissions Control Technologies segment engages in the manufacture and design of exhaust systems. Faurecia Interior Systems segment manufactures and designs instrument panels, door panels and modules, and acoustic components. Faurecia Automotive Exteriors segment involves in the design and manufacture of front ends and safety modules. Faurecia SA is headquartered in Nanterre, France. “

Faurecia (FURCY) traded up 0.88% during mid-day trading on Friday, hitting $28.65. The stock had a trading volume of 16 shares. Faurecia has a 1-year low of $28.65 and a 1-year high of $28.65. The stock has a market cap of $7.81 billion and a price-to-earnings ratio of 9.31.

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