Delphi Automotive PLC (NYSE:DLPH)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a research note issued on Wednesday. They currently have a $107.00 target price on the auto parts company’s stock, up from their prior target price of $99.00. Deutsche Bank AG’s target price indicates a potential upside of 13.93% from the stock’s previous close.

A number of other research firms have also recently issued reports on DLPH. BMO Capital Markets lifted their target price on Delphi Automotive PLC from $104.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. BidaskClub cut Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $95.00 target price on shares of Delphi Automotive PLC in a research report on Friday, July 7th. Jefferies Group LLC lifted their target price on Delphi Automotive PLC from $100.00 to $106.00 and gave the company a “buy” rating in a research report on Friday, May 5th. Finally, Zacks Investment Research cut Delphi Automotive PLC from a “buy” rating to a “hold” rating in a research report on Friday, May 5th. Three analysts have rated the stock with a sell rating, three have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $92.03.

Delphi Automotive PLC (NYSE DLPH) opened at 93.92 on Wednesday. The stock has a market capitalization of $25.12 billion, a price-to-earnings ratio of 19.88 and a beta of 1.37. The company has a 50-day moving average of $89.37 and a 200-day moving average of $81.90. Delphi Automotive PLC has a 52 week low of $60.50 and a 52 week high of $94.63.

Delphi Automotive PLC (NYSE:DLPH) last released its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.06. Delphi Automotive PLC had a return on equity of 60.14% and a net margin of 7.51%. The firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the previous year, the business posted $1.59 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. Analysts anticipate that Delphi Automotive PLC will post $6.68 earnings per share for the current year.

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In related news, CFO Joseph R. Massaro sold 3,000 shares of Delphi Automotive PLC stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of $85.79, for a total value of $257,370.00. Following the transaction, the chief financial officer now directly owns 55,779 shares of the company’s stock, valued at $4,785,280.41. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP David M. Sherbin sold 15,500 shares of Delphi Automotive PLC stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $86.63, for a total value of $1,342,765.00. Following the completion of the transaction, the senior vice president now directly owns 70,766 shares in the company, valued at $6,130,458.58. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,449 shares of company stock worth $1,770,497. 0.32% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of DLPH. Sii Investments Inc. WI raised its position in shares of Delphi Automotive PLC by 0.5% in the first quarter. Sii Investments Inc. WI now owns 3,865 shares of the auto parts company’s stock valued at $308,000 after buying an additional 18 shares during the period. Cleararc Capital Inc. raised its position in shares of Delphi Automotive PLC by 0.3% in the first quarter. Cleararc Capital Inc. now owns 6,595 shares of the auto parts company’s stock valued at $531,000 after buying an additional 19 shares during the period. BTC Capital Management Inc. raised its position in shares of Delphi Automotive PLC by 0.6% in the first quarter. BTC Capital Management Inc. now owns 3,754 shares of the auto parts company’s stock valued at $301,000 after buying an additional 22 shares during the period. Palladium Partners LLC raised its position in shares of Delphi Automotive PLC by 1.2% in the second quarter. Palladium Partners LLC now owns 3,368 shares of the auto parts company’s stock valued at $295,000 after buying an additional 41 shares during the period. Finally, Blair William & Co. IL raised its position in shares of Delphi Automotive PLC by 1.0% in the second quarter. Blair William & Co. IL now owns 4,111 shares of the auto parts company’s stock valued at $360,000 after buying an additional 41 shares during the period. 92.12% of the stock is currently owned by institutional investors.

About Delphi Automotive PLC

Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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