Delphi Automotive PLC (NYSE:DLPH) had its price objective raised by stock analysts at Jefferies Group LLC to $118.00 in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the auto parts company’s stock. Jefferies Group LLC’s target price would indicate a potential upside of 18.25% from the company’s previous close.

Several other analysts have also issued reports on DLPH. Piper Jaffray Companies set a $112.00 target price on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research report on Friday, August 11th. Deutsche Bank AG boosted their target price on shares of Delphi Automotive PLC from $99.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday, August 3rd. Bank of America Corporation boosted their target price on shares of Delphi Automotive PLC from $95.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday. Cowen and Company began coverage on shares of Delphi Automotive PLC in a research report on Monday. They set an “outperform” rating and a $120.00 target price for the company. Finally, BMO Capital Markets boosted their target price on shares of Delphi Automotive PLC from $104.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $97.27.

Delphi Automotive PLC (NYSE DLPH) opened at 98.78 on Thursday. The company has a 50-day moving average of $94.96 and a 200 day moving average of $86.83. The company has a market capitalization of $26.36 billion, a P/E ratio of 20.91 and a beta of 1.35. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $103.97.

Delphi Automotive PLC (NYSE:DLPH) last announced its earnings results on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.06. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.59 earnings per share. Equities research analysts forecast that Delphi Automotive PLC will post $6.69 earnings per share for the current fiscal year.

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In related news, SVP Vos Glen W. De sold 2,100 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total transaction of $191,835.00. Following the completion of the transaction, the senior vice president now owns 22,994 shares in the company, valued at $2,100,501.90. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas W. Sidlik sold 8,475 shares of the company’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $103.19, for a total transaction of $874,535.25. Following the transaction, the director now owns 10,564 shares of the company’s stock, valued at approximately $1,090,099.16. The disclosure for this sale can be found here. 0.32% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the stock. Achmea Investment Management B.V. boosted its position in shares of Delphi Automotive PLC by 80.7% during the second quarter. Achmea Investment Management B.V. now owns 19,423 shares of the auto parts company’s stock worth $1,700,000 after acquiring an additional 8,672 shares during the last quarter. RNC Capital Management LLC boosted its position in shares of Delphi Automotive PLC by 3.2% during the second quarter. RNC Capital Management LLC now owns 2,863 shares of the auto parts company’s stock worth $251,000 after acquiring an additional 89 shares during the last quarter. Sentry Investment Management LLC boosted its position in shares of Delphi Automotive PLC by 1.5% during the second quarter. Sentry Investment Management LLC now owns 64,449 shares of the auto parts company’s stock worth $5,649,000 after acquiring an additional 930 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Delphi Automotive PLC by 24.7% during the second quarter. Toronto Dominion Bank now owns 90,773 shares of the auto parts company’s stock worth $7,955,000 after acquiring an additional 17,995 shares during the last quarter. Finally, Ecofin Ltd. bought a new position in shares of Delphi Automotive PLC during the second quarter worth $14,417,000. Hedge funds and other institutional investors own 90.09% of the company’s stock.

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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