Delphi Automotive (NYSE:APTV) had its target price decreased by BMO Capital Markets to $96.00 in a note issued to investors on Tuesday, The Fly reports. The firm presently has an “outperform” rating on the auto parts company’s stock. BMO Capital Markets’ target price suggests a potential upside of 13.17% from the stock’s previous close. The analysts noted that the move was a valuation call.
Several other equities analysts have also issued reports on APTV. BidaskClub raised Delphi Automotive from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Morgan Stanley started coverage on Delphi Automotive in a report on Tuesday, December 5th. They issued an “underweight” rating and a $64.00 target price for the company. Bank of America started coverage on Delphi Automotive in a report on Wednesday, December 6th. They issued a “neutral” rating and a $57.00 target price for the company. Goldman Sachs Group started coverage on Delphi Automotive in a report on Tuesday, December 5th. They issued a “buy” rating and a $57.00 target price for the company. Finally, Piper Jaffray Companies set a $105.00 target price on Delphi Automotive and gave the company a “buy” rating in a report on Friday, December 8th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $86.56.
Shares of Delphi Automotive (NYSE:APTV) opened at $84.83 on Tuesday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.22 and a current ratio of 1.62. The company has a market capitalization of $22,551.19, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 1.64 and a beta of 1.40. Delphi Automotive has a twelve month low of $55.98 and a twelve month high of $89.66.
In related news, Director Frank J. Dellaquila bought 1,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were purchased at an average price of $83.88 per share, for a total transaction of $83,880.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bernd Wiedemann sold 17,000 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $101.54, for a total value of $1,726,180.00. Following the sale, the director now owns 7,975 shares in the company, valued at approximately $809,781.50. The disclosure for this sale can be found here. 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.
