Barrington Reaffirms Their Buy Rating on Commercial Vehicle Group (CVGI)

By Carrie Williams

Barrington analyst Christopher Howe maintained a Buy rating on Commercial Vehicle Group (CVGIResearch Report) today and set a price target of $8.50. The company’s shares closed last Monday at $7.52.

Howe has an average return of 8.0% when recommending Commercial Vehicle Group.

According to TipRanks.com, Howe is ranked #238 out of 5558 analysts.

Currently, the analyst consensus on Commercial Vehicle Group is a Moderate Buy with an average price target of $8.50.

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Commercial Vehicle Group’s market cap is currently $235.6M and has a P/E ratio of 5.80. The company has a Price to Book ratio of 1.61.

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Commercial Vehicle Group, Inc. engages in the supply of cab related products and systems for the global commercial vehicle markets, including medium-and heavy-duty truck market, medium and heavy-construction vehicle market, military, bus and agriculture, specialty transportation, and recreational.