Equities researchers at Deutsche Bank hoisted their target price on shares of Delphi Automotive PLC (NASDAQ:DLPH) from US$92.00 to US$94.00 in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 12.17% from the stock’s previous close.
Delphi Automotive PLC (NASDAQ:DLPH) traded down 0.30% during mid-day trading on Monday, hitting US$83.55. The stock had a trading volume of 786,004 shares. Delphi Automotive PLC has a 52-week low of US$58.23 and a 52-week high of US$85.08. The stock’s 50-day moving average is US$79. and its 200-day moving average is US$71.. The company has a market cap of US$24.25 billion and a price-to-earnings ratio of 18.65.
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$5.39 earnings per share for the current fiscal year.
In other Delphi Automotive PLC news, CAO Allan J. Brazier sold 8,115 shares of the stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of US$76.82, for a total value of US$623,394.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of other analysts have also recently weighed in on DLPH. 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. 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. Analysts at Credit Suisse Group AG set a US$89.00 price target on shares of Delphi Automotive PLC and gave the company a “buy” rating in a research note on Tuesday, March 31st. Finally, analysts at Buckingham Research downgraded shares of Delphi Automotive PLC from a “buy” rating to a “neutral” rating in a research note on Monday, March 9th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Delphi Automotive PLC currently has a consensus rating of “Buy” and an average price target of US$88.09.
Delphi Automotive PLC (NASDAQ:DLPH) 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. – The Legacy