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Tenneco Inc 19.4% Potential Upside Now Implied by RBC Capital Mkts

Tenneco Inc using SYMBOL/TICKER code NYSE:TEN has had its stock rating noted as ‘Downgrade’ with the recommendation being set at ‘SECTOR PERFORM’ this morning by analysts at RBC Capital Mkts. Tenneco Inc are listed in the Capital Goods sector within NYSE. RBC Capital Mkts have set a target price of 55 USD on its stock. This is indicating the analyst believes there is a potential upside of 19.4% from the opening price of 46.08 USD.

 

Tenneco Inc NYSE:TEN has a 50 day moving average of 52.74 USD and the 200 Day Moving Average price is recorded at 54.09 USD. The 52 week high for the stock is 61.73 USD while the year low share price is currently 39.13 USD. Over the last 30 and 90 trading days the company share price has decreased 10.6 points and decreased 4.75 points respectively. There are currently 58,093,803 shares in issue with the average daily volume traded being 447,227. Market capitalisation for NYSE:TEN is $2,679,286,132.00 USD.

 

Tenneco Inc (Tenneco) is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The Company serves both original equipment vehicle manufacturers (OEMs) and the repair and replacement markets, or aftermarket, across the world.