Delphi Automotive PLC Rating Reiterated by Deutsche Bank (DLPH)
Delphi Automotive PLC (NASDAQ:DLPH)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Monday, American Banking News reports. They currently have a $66.00 price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 12.98% from the stock’s previous close.
A number of other firms have also recently commented on DLPH. Analysts at Barclays Capital raised their price target on shares of Delphi Automotive PLC (NASDAQ:DLPH) from $63.00 to $67.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Separately, analysts at Robert W. Baird reiterated a “buy” rating on shares of Delphi Automotive PLC (NASDAQ:DLPH) in a research note to investors on Thursday, September 5th. They now have a $63.00 price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of Delphi Automotive PLC (NASDAQ:DLPH) from $48.00 to $62.00 in a research note to investors on Thursday, August 15th. They now have an “overweight” rating on the stock. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Delphi Automotive PLC currently has a consensus rating of “Buy” and an average price target of $56.46.
Delphi Automotive PLC (NASDAQ:DLPH) traded down 0.03% on Monday, hitting $58.42. 2,093,003 shares of the company’s stock traded hands. Delphi Automotive PLC has a 1-year low of $30.00 and a 1-year high of $58.60. The stock has a 50-day moving average of $56.32 and a 200-day moving average of $50.43. The company has a market cap of $18.122 billion and a price-to-earnings ratio of 17.63.
Delphi Automotive PLC (NASDAQ:DLPH) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.10. The company had revenue of $4.20 million for the quarter, compared to the consensus estimate of $4.22 million. During the same quarter last year, the company posted $1.01 earnings per share. Delphi Automotive PLC’s revenue was up 6.1% compared to the same quarter last year. Analysts expect that Delphi Automotive PLC will post $4.38 EPS for the current fiscal year.
Delphi Automotive PLC (NASDAQ:DLPH) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.
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