Stock analysts at Evercore ISI began coverage on shares of Delphi Automotive (NYSE:APTV) in a research note issued on Wednesday, The Fly reports. The firm set an “outperform” rating on the auto parts company’s stock.
APTV has been the topic of several other reports. BidaskClub upgraded Delphi Automotive from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Morgan Stanley assumed coverage on Delphi Automotive in a research report on Tuesday, December 5th. They issued an “underweight” rating and a $64.00 target price on the stock. Bank of America assumed coverage on Delphi Automotive in a research report on Wednesday, December 6th. They issued a “neutral” rating and a $57.00 target price on the stock. Goldman Sachs Group assumed coverage on Delphi Automotive in a research report on Tuesday, December 5th. They issued a “buy” rating and a $57.00 target price on the stock. Finally, Piper Jaffray Companies set a $105.00 price target on Delphi Automotive and gave the company a “buy” rating in a research note on Friday, December 8th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $88.40.
Shares of Delphi Automotive (NYSE APTV) opened at $85.67 on Wednesday. Delphi Automotive has a 1 year low of $5.58 and a 1 year high of $86.94. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22. The company has a market capitalization of $22,832.98, a P/E ratio of 12.65, a P/E/G ratio of 1.60 and a beta of 1.39.
In related news, insider Kevin P. Clark acquired 22,500 shares of Delphi Automotive stock in a transaction dated Wednesday, December 6th. The stock was acquired at an average cost of $87.88 per share, with a total value of $1,977,300.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Thomas W. Sidlik sold 8,475 shares of the firm’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $103.19, for a total value of $874,535.25. Following the sale, the director now directly owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,975 shares of company stock valued at $3,437,370. Corporate insiders own 0.31% of the company’s stock.
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About Delphi Automotive
Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
