Aptiv (NYSE:APTV) Price Target Raised to $75.00

Aptiv (NYSE:APTVFree Report) had its price objective hoisted by Robert W. Baird from $70.00 to $75.00 in a research note published on Thursday,Benzinga reports. The firm currently has a neutral rating on the auto parts company’s stock.

A number of other research analysts have also commented on APTV. Deutsche Bank Aktiengesellschaft decreased their price objective on Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Wells Fargo & Company lowered their target price on Aptiv from $74.00 to $70.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Morgan Stanley cut their target price on Aptiv from $68.00 to $60.00 and set an “underweight” rating on the stock in a report on Thursday, November 14th. StockNews.com assumed coverage on Aptiv in a report on Wednesday. They set a “hold” rating for the company. Finally, Barclays decreased their price target on shares of Aptiv from $80.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Aptiv has a consensus rating of “Moderate Buy” and an average target price of $85.06.

Check Out Our Latest Stock Report on Aptiv

Aptiv Stock Down 0.8 %

NYSE:APTV opened at $63.40 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. The stock has a market cap of $14.90 billion, a price-to-earnings ratio of 7.08, a PEG ratio of 0.56 and a beta of 1.75. The stock has a 50-day moving average price of $58.60 and a two-hundred day moving average price of $64.79. Aptiv has a 1 year low of $51.47 and a 1 year high of $88.89.

Aptiv (NYSE:APTVGet Free Report) last posted its quarterly earnings data on Thursday, October 31st. The auto parts company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15. The company had revenue of $4.85 billion for the quarter, compared to the consensus estimate of $5.10 billion. Aptiv had a net margin of 12.29% and a return on equity of 14.51%. The firm’s revenue was down 5.1% compared to the same quarter last year. During the same period last year, the company earned $1.30 earnings per share. As a group, equities analysts expect that Aptiv will post 6.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Brown Brothers Harriman & Co. lifted its holdings in shares of Aptiv by 1,410.3% in the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares in the last quarter. Wolff Wiese Magana LLC increased its holdings in Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP bought a new position in Aptiv in the 3rd quarter worth $43,000. Brooklyn Investment Group purchased a new position in shares of Aptiv in the 3rd quarter valued at approximately $43,000. Finally, Mather Group LLC. boosted its stake in Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after acquiring an additional 176 shares in the last quarter. 94.21% of the stock is owned by institutional investors.

Aptiv Company Profile

(Get Free Report)

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.

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