In a report issued on December 20, Joseph Spak from RBC Capital maintained a Hold rating on Tenneco Automotive (TEN – Research Report), with a price target of $14.00. The company’s shares closed last Monday at $13.26.
According to TipRanks.com, Spak is a 4-star analyst with an average return of 6.5% and a 55.2% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as American Axle, BorgWarner, and Amphenol.
Currently, the analyst consensus on Tenneco Automotive is a Hold with an average price target of $11.00.
The company has a one-year high of $37.27 and a one-year low of $7.62. Currently, Tenneco Automotive has an average volume of 1.14M.
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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.