Stock Forvia (ex-Faurecia) News
Company Profile
Forvia, formerly known as Faurecia, is a global supplier of automotive parts and systems. The company has a portfolio of products that includes seating, emissions control, and interior systems. Forvia is headquartered in Paris, France, and has operations in 33 countries. The company's customers include some of the world's largest automakers, such as Volkswagen, Toyota, and General Motors.
Recent News
Forvia recently announced a partnership with Gaussin, a French manufacturer of electric and hydrogen-powered vehicles. The partnership will see Forvia supply Gaussin with seating and other interior components for its vehicles. Forvia also announced a new contract with BMW to supply the automaker with seats for its next-generation vehicles.
Investor Updates
Forvia's stock price has been relatively stable in recent months. The company's shares are currently trading at around €35.00. Forvia's stock is rated "outperform" by analysts, with a consensus price target of €40.00. The company's strong product portfolio and global presence make it a good long-term investment opportunity.
Conclusion
Forvia is a leading global supplier of automotive parts and systems. The company's strong product portfolio and global presence make it a good long-term investment opportunity. Investors should keep an eye on Forvia's stock price as it continues to grow its business.
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