Tenneco Inc. with ticker code (TEN) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 11 and 5 and has a mean target at 8. Given that the stocks previous close was at 8.62 this indicates there is a potential downside of -7.2%. The 50 day MA is 8.21 and the 200 moving average now moves to 7.66. The market capitalisation for the company is $679m. Company Website: http://www.tenneco.com
Tenneco Inc. designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide. The company operates through Clean Air, Powertrain, Ride Performance, and Motorparts segments. It offers clean air products and systems, including catalytic converters and diesel oxidation catalysts; diesel particulate filters(DPFs); burner systems; lean nitrogen oxide (NOx) traps; hydrocarbon vaporizers and injectors; selective catalytic reduction (SCR) systems; SCR-coated diesel particulate filters systems; urea dosing systems; four-way catalysts; alternative NOx reduction technologies; mufflers and resonators; fabricated exhaust manifolds; pipes; hydroformed assemblies; elastomeric hangers and isolators; and aftertreatment control units. The company also provides powertrain products and systems, such as pistons; piston rings; cylinder liners; valve seats and guides; bearings; spark plugs; valvetrain products; system protection products; and seals and gaskets. In addition, it offers motor parts, including steering and suspension, braking, sealing, engine, emission, and maintenance products, as well as shocks and struts; and ride performance products and systems comprising advanced suspension technologies, and ride control and braking products, as well as noise, vibration, and harshness performance materials. The company was formerly known as Tenneco Automotive Inc. and changed its name to Tenneco Inc. in 2005. Tenneco Inc. was incorporated in 1996 and is headquartered in Lake Forest, Illinois.
