BMO Capital Markets reissued their buy rating on shares of Aptiv (NYSE:APTV) in a research report report published on Tuesday. The firm currently has a $106.00 price target on the auto parts company’s stock.
Several other analysts also recently commented on APTV. BidaskClub downgraded shares of Aptiv from a hold rating to a sell rating in a report on Saturday, November 11th. Bank of America upgraded shares of Aptiv from a neutral rating to a buy rating and set a $120.00 price objective for the company in a report on Monday, November 20th. Robert W. Baird assumed coverage on shares of Aptiv in a report on Wednesday, November 22nd. They set an outperform rating and a $61.00 price objective for the company. Guggenheim assumed coverage on shares of Aptiv in a report on Monday, November 27th. They set a buy rating and a $70.00 price objective for the company. Finally, Royal Bank of Canada assumed coverage on shares of Aptiv in a report on Monday, December 4th. They set an outperform rating and a $60.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. Aptiv currently has an average rating of Buy and a consensus price target of $97.95.
Shares of Aptiv (NYSE APTV) opened at $92.27 on Tuesday. The company has a market cap of $24,530.00, a PE ratio of 24.22, a PEG ratio of 1.39 and a beta of 1.47. The company has a quick ratio of 1.29, a current ratio of 1.59 and a debt-to-equity ratio of 1.17. Aptiv has a 1-year low of $73.00 and a 1-year high of $96.91.
In other news, SVP David Paja sold 6,287 shares of Aptiv stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $92.08, for a total value of $578,906.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frank J. Dellaquila bought 500 shares of Aptiv stock in a transaction dated Friday, February 9th. The stock was acquired at an average price of $86.50 per share, with a total value of $43,250.00. The disclosure for this purchase can be found here. 0.31% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently bought and sold shares of APTV. Cerebellum GP LLC purchased a new position in shares of Aptiv in the fourth quarter worth about $127,000. Huntington National Bank purchased a new position in shares of Aptiv in the fourth quarter worth about $138,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Aptiv in the fourth quarter worth about $144,000. BB&T Investment Services Inc. purchased a new position in shares of Aptiv in the fourth quarter worth about $145,000. Finally, IFP Advisors Inc purchased a new position in shares of Aptiv in the fourth quarter worth about $162,000. Hedge funds and other institutional investors own 89.86% of the company’s stock.
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Aptiv PLC, formerly Delphi Automotive PLC, is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, and Electronics & Safety.
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