Barrington Thinks Superior Industries International’s Stock is Going to Recover

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Superior Industries International (SUPResearch Report), with a price target of $7.00. The company’s shares closed last Tuesday at $1.23, close to its 52-week low of $0.90.

According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 0.7% and a 40.8% success rate. Prestopino covers the Technology sector, focusing on stocks such as Bottomline Technologies, PowerFleet, and Cars.

Currently, the analyst consensus on Superior Industries International is a Moderate Buy with an average price target of $4.00.

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The company has a one-year high of $4.67 and a one-year low of $0.90. Currently, Superior Industries International has an average volume of 255K.

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Superior Industries International, Inc. engages in the design and manufacture of aluminum road wheels for passenger cars and light-duty vehicles. It offers its products to original equipment manufacturers for the automotive industry. The firm supplies cast aluminum wheels with wheel manufacturing operations in the United States and Mexico. The company also markets aluminum suspension and related underbody components. Superior Industries International was founded by Louis L. Borick in 1957 and is headquartered in Southfield, MI.