Delphi Automotive PLC (DLPH) Stock Rating Reaffirmed by Goldman Sachs Group Inc.
Delphi Automotive PLC (NYSE:DLPH)‘s stock had its “buy” rating reiterated by investment analysts at Goldman Sachs Group Inc. in a research note issued to investors on Saturday. They presently have a $77.00 price target on the stock, down from their prior price target of $81.00. Goldman Sachs Group Inc.’s price objective points to a potential upside of 9.81% from the company’s current price.
Several other research analysts also recently issued reports on the company. Zacks Investment Research downgraded Delphi Automotive PLC from a “hold” rating to a “sell” rating in a report on Tuesday. Robert W. Baird reiterated an “overweight” rating and set a $95.00 target price on shares of Delphi Automotive PLC in a research report on Monday, September 19th. Vetr upgraded shares of Delphi Automotive PLC from a “hold” rating to a “strong-buy” rating and set a $81.67 target price for the company in a research report on Tuesday, August 30th. Seaport Global Securities assumed coverage on shares of Delphi Automotive PLC in a research report on Tuesday, August 9th. They set a “buy” rating and a $77.00 target price for the company. Finally, Citigroup Inc. dropped their target price on shares of Delphi Automotive PLC from $90.00 to $88.00 and set a “buy” rating for the company in a research report on Monday, August 8th. One investment analyst has rated the stock with a sell rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $84.54.
Shares of Delphi Automotive PLC (NYSE:DLPH) opened at 70.12 on Friday. The firm has a market cap of $19.13 billion, a PE ratio of 15.30 and a beta of 1.39. The company’s 50-day moving average price is $69.51 and its 200-day moving average price is $68.99. Delphi Automotive PLC has a 52-week low of $55.59 and a 52-week high of $88.89.
Delphi Automotive PLC (NYSE:DLPH) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.04. Delphi Automotive PLC had a return on equity of 57.43% and a net margin of 8.11%. The firm had revenue of $4.21 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same quarter in the prior year, the business earned $1.34 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts expect that Delphi Automotive PLC will post $5.99 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of the company. J.Safra Asset Management Corp acquired a new position in Delphi Automotive PLC during the second quarter worth approximately $114,000. IFP Advisors Inc increased its position in Delphi Automotive PLC by 405.2% in the first quarter. IFP Advisors Inc now owns 1,743 shares of the company’s stock worth $131,000 after buying an additional 1,398 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Delphi Automotive PLC during the first quarter worth approximately $157,000. South Dakota Investment Council acquired a new position in Delphi Automotive PLC during the second quarter worth approximately $175,000. Finally, Citizens Financial Group Inc RI acquired a new position in Delphi Automotive PLC during the first quarter worth approximately $189,000. Institutional investors own 93.08% of the company’s stock.
Delphi Automotive PLC Company Profile
Delphi Automotive PLC is a vehicle components manufacturer. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It serves automotive and commercial vehicle markets. Its Electrical/Electronic Architecture segment includes electrical architecture and component products.
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