Delphi Automotive PLC Given New US$97.00 Price Target at Barclays (DLPH)

Delphi-Automotive-systems

Delphi Automotive PLC (NASDAQ:DLPH) had its target price boosted by Barclays from US$88.00 to US$97.00 in a report issued on Thursday. They currently have an overweight rating on the stock.

Delphi Automotive PLC traded down 0.89% during mid-day trading on Thursday, hitting US$83.27. 1,669,608 shares of the company’s stock traded hands. Delphi Automotive PLC has a one year low of US$58.23 and a one year high of US$85.21. The stock has a 50-day moving average of US$80. and a 200-day moving average of US$72.. The company has a market cap of US$24.17 billion and a P/E ratio of 18.59.

Delphi Automotive PLC (NASDAQ:DLPH) last announced its earnings results on Thursday, February 5th. The company reported US$1.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of US$1.28 by US$0.04. The company had revenue of US$4.20 billion for the quarter, compared to the consensus estimate of US$4.25 billion. During the same quarter in the prior year, the company posted US$1.12 earnings per share. The company’s quarterly revenue was down .7% on a year-over-year basis. On average, analysts predict that Delphi Automotive PLC will post US$5.35 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley set a US$105.00 price target on shares of Delphi Automotive PLC and gave the company a buy rating in a research note on Monday, April 6th. Analysts at Deutsche Bank raised their price target on shares of Delphi Automotive PLC from US$92.00 to US$94.00 and gave the company a buy rating in a research note on Monday, April 6th. Analysts at RBC Capital raised their price target on shares of Delphi Automotive PLC from US$89.00 to US$95.00 and gave the company an outperform rating in a research note on Monday, April 6th. Finally, analysts at Robert W. Baird raised their price target on shares of Delphi Automotive PLC from US$89.00 to US$90.00 and gave the company an outperform rating in a research note on Wednesday, April 1st. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Delphi Automotive PLC currently has a consensus rating of Buy and an average target price of US$88.91. – Dakota Financial News.