Delphi Automotive (NYSE:APTV) has been given a $100.00 target price by research analysts at Jefferies Group in a research note issued on Monday. The firm currently has a “buy” rating on the auto parts company’s stock. Jefferies Group’s target price points to a potential upside of 18.71% from the company’s current price.
A number of other brokerages have also recently issued reports on APTV. Evercore ISI began coverage on Delphi Automotive in a research note on Wednesday, December 13th. They set an “outperform” rating and a $92.00 price objective on the stock. Robert W. Baird reaffirmed an “outperform” rating and set a $128.00 price objective (up from $110.00) on shares of Delphi Automotive in a research note on Thursday, September 28th. They noted that the move was a valuation call. Wells Fargo & Company raised their price objective on Delphi Automotive from $105.00 to $109.00 and gave the company an “outperform” rating in a research note on Friday, September 29th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Delphi Automotive in a research note on Friday, December 8th. Finally, Piper Jaffray Companies set a $105.00 price objective 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 assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $87.30.
Delphi Automotive (NYSE APTV) traded down $0.16 on Monday, reaching $84.24. The company had a trading volume of 1,660,870 shares, compared to its average volume of 2,336,503. The company has a market capitalization of $22,390.00 and a PE ratio of 12.43. The company has a current ratio of 1.62, a quick ratio of 1.22 and a debt-to-equity ratio of 1.35. Delphi Automotive has a 1-year low of $55.98 and a 1-year high of $89.66.
In other news, insider Kevin P. Clark bought 22,500 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was bought at an average cost of $87.88 per share, for a total transaction of $1,977,300.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frank J. Dellaquila bought 1,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were purchased at an average price of $83.88 per share, with a total value of $83,880.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 33,975 shares of company stock valued at $3,437,370. 0.31% of the stock is currently owned by company insiders.
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Delphi Automotive Company Profile
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.
