DZ Bank Reaffirms “Buy” Rating for HELLA GMBH & CO KGAA (HLE)

DZ Bank restated their buy rating on shares of HELLA GMBH & CO KGAA (ETR:HLE) in a report released on Tuesday.

Several other research analysts have also recently issued reports on HLE. JPMorgan Chase & Co. set a €65.00 ($73.86) price objective on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research report on Friday, August 10th. Warburg Research set a €65.00 ($73.86) price objective on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research report on Friday, July 6th. UBS Group set a €60.00 ($68.18) price objective on HELLA GMBH & CO KGAA and gave the stock a buy rating in a research report on Friday, August 10th. Goldman Sachs Group set a €54.00 ($61.36) price objective on HELLA GMBH & CO KGAA and gave the stock a neutral rating in a research report on Friday, August 10th. Finally, Nord/LB set a €50.00 ($56.82) price objective on HELLA GMBH & CO KGAA and gave the stock a neutral rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €54.75 ($62.22).

ETR:HLE opened at €50.95 ($57.90) on Tuesday. HELLA GMBH & CO KGAA has a 1 year low of €39.08 ($44.41) and a 1 year high of €59.10 ($67.16).

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. The company operates through three segments: Automotive, Aftermarkets, and Special Applications. The Automotive segment offers headlamps, rear combination lamps, signal lamps, interior lamps, and lighting electronics; body electronics, such as central control units and access systems that include sensors and vacuum pumps; and energy management and driver assistance systems.

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Analyst Recommendations for HELLA GMBH & CO KGAA (ETR:HLE)

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