Analyst Price Target is $45.00
▲ +120.37% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Stoneridge in the last 3 months. The average price target is $45.00, with a high forecast of $45.00 and a low forecast of $45.00. The average price target represents a 120.37% upside from the last price of $20.42.
Current Consensus is
The current consensus among 2 investment analysts is to hold stock in Stoneridge. This rating has held steady since October 2019, when it changed from a Buy consensus rating.
Stoneridge, Inc. engages in the production of engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. It operates through the following segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment designs and manufactures products that monitor, measure, and activate specific functions within a vehicle such as sensors, switches, valves, and actuators. The Electronics segment offers driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. The Stoneridge Brazil segment sells vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, and telematics solutions. The company was founded by D. M. Draime in 1965 and is headquartered in Novi, MI.