Valeo's "Buy" rating has been maintained by UBS, with a target price of 13 euros, following the release of the company's third-quarter sales figures.
Despite falling short of market expectations, Valeo's performance in Europe remained relatively stable, with revenues on a comparable basis showing only slight stagnation.
The report highlights that Valeo continues to perform best in the European market, even as it faces broader challenges.
The findings were published on October 24, 2024, and reflect the ongoing dynamics within the automotive supply sector.