Delphi Automotive receives “buy” rating

Delphi-Automotive-systems

Shares of Delphi Automotive PLC have been given an average rating of “Buy” by the 13 analysts that are currently covering the company, Analyst Ratings Net reports. One research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is US$84.83.

A number of analysts have recently weighed in on DLPH shares. Analysts at JPMorgan Chase & Co. raised their price target on shares of Delphi Automotive PLC from US$88.00 to US$93.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Analysts at Deutsche Bank reiterated a “buy” rating and set a US$92.00 price target (up previously from US$90.00) on shares of Delphi Automotive PLC in a research note on Friday, February 20th. Analysts at Citigroup Inc. raised their price target on shares of Delphi Automotive PLC from US$85.00 to US$87.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, analysts at Barclays raised their price target on shares of Delphi Automotive PLC from US$82.00 to US$88.00 and gave the company an “overweight” rating in a research note on Friday, February 6th.

Shares of Delphi Automotive PLC traded down 0.34% on Monday, hitting $79.58. 215,257 shares of the company’s stock traded hands. Delphi Automotive PLC has a 1-year low of U$58.23 and a 1-year high of $80.15. The stock’s 50-day moving average is US$73.00 and its 200-day moving average is US$69.79. The company has a market cap of US $23.100 billion and a P/E ratio of 17.82.

Delphi Automotive PLC (NASDAQ:DLPH) last issued its quarterly earnings data on Thursday, February 5th. The company reported US$1.32 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted US$1.12 earnings per share. Delphi Automotive PLC’s revenue was down .7% compared to the same quarter last year. On average, analysts predict that Delphi Automotive PLC will post US$5.51 earnings per share for the current fiscal year.

The company also recently declared a dividend, which will be paid on Friday, February 27th. Shareholders of record on Wednesday, February 18th will be given a dividend of US$0.25 per share. The ex-dividend date of this dividend is Friday, February 13th.