Delphi Automotive PLC (DLPH) receives BBB credit rating

Delphi-Automotive-systems

Morningstar has awarded Delphi Automotive PLC (DLPH  with BBB credit rating. The firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a two star rating.

A number of other firms have also recently commented on DLPH. Analysts at Barclays raised their price target on shares of Delphi Automotive PLC from $81.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Analysts at Zacks reiterated a “neutral” rating and set a $70.00 price target on shares of Delphi Automotive PLC in a research note on Thursday, January 15th. Analysts at RBC Capital reiterated an “outperform” rating and set a $75.00 price target on shares of Delphi Automotive PLC in a research note on Monday, October 27th. Finally, analysts at Morgan Stanley reiterated an “overweight” rating and set a $90.00 price target (up previously from $85.00) on shares of Delphi Automotive PLC in a research note on Monday, October 27th. One research analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Delphi Automotive PLC presently has an average rating of “Buy” and an average price target of $81.17.

Delphi Automotive PLC opened at 69.67 on Friday. Delphi Automotive PLC has a 52-week low of $58.22 and a 52-week high of $74.88. The stock’s 50-day moving average is $70.79 and its 200-day moving average is $68.69. The company has a market cap of $20.628 billion and a price-to-earnings ratio of 16.15.

In other Delphi Automotive PLC news, EVP Jeffrey J. Owens sold 29,012 shares of Delphi Automotive PLC stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $68.00, for a total transaction of $1,972,816.00. The transaction was disclosed in a filing with the Securities & Exchange Commission.

Delphi Automotive PLC) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.