Delphi Automotive PLC PT Raised to $87.00 (DLPH)
Analysts at Robert W. Baird raised their price objective on shares of Delphi Automotive PLC (NASDAQ:DLPH) from $83.00 to $87.00 in a research report issued to clients and investors on Friday. Robert W. Baird’s price target points to a potential upside of 30.08% from the company’s current price.
Delphi Automotive PLC (NASDAQ:DLPH) traded up 0.12% on Friday, hitting $66.88. 2,391,719 shares of the company’s stock traded hands. Delphi Automotive PLC has a 52 week low of $53.07 and a 52 week high of $71.27. The stock’s 50-day moving average is $68. and its 200-day moving average is $66.71. The company has a market cap of $20.309 billion and a price-to-earnings ratio of 16.49.
Delphi Automotive PLC (NASDAQ:DLPH) last released its earnings data on Thursday, July 31st. The company reported $1.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.33 by $0.09. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.47 billion. During the same quarter in the prior year, the company posted $1.24 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts expect that Delphi Automotive PLC will post $5.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, August 27th. Investors of record on Wednesday, August 13th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Monday, August 11th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Delphi Automotive PLC in a research note on Friday. They now have a $87.00 price target on the stock, up previously from $85.00. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Delphi Automotive PLC from $76.00 to $77.00 in a research note on Tuesday, July 22nd. They now have an “overweight” rating on the stock. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Delphi Automotive PLC has an average rating of “Buy” and a consensus price target of $79.75.
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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