Aptiv (NYSE:APTV) Stock Price Expected to Rise, Barclays Analyst Says

Aptiv (NYSE:APTV) had its price objective raised by Barclays from $75.00 to $80.00 in a research report report published on Friday,Benzinga reports. The brokerage currently has an overweight rating on the auto parts company’s stock.

APTV has been the topic of a number of other reports. Baird R W upgraded Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Oppenheimer increased their price target on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group increased their price target on Aptiv from $82.00 to $91.00 and gave the stock a “buy” rating in a research report on Friday. Guggenheim restated a “buy” rating and set a $73.00 price target on shares of Aptiv in a research report on Thursday, December 5th. Finally, Wells Fargo & Company increased their price objective on Aptiv from $76.00 to $86.00 and gave the company an “overweight” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and a consensus price target of $86.72.

Aptiv Trading Up 1.0 %

Shares of APTV opened at $64.09 on Friday. Aptiv has a 1 year low of $51.47 and a 1 year high of $85.56. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87. The stock has a 50 day simple moving average of $60.23 and a 200-day simple moving average of $64.17. The stock has a market cap of $15.06 billion, a PE ratio of 9.32, a PEG ratio of 0.54 and a beta of 1.74.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. On average, sell-side analysts predict that Aptiv will post 7.14 EPS for the current fiscal year.

Institutional Trading of Aptiv

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brown Brothers Harriman & Co. grew its holdings in shares of Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 409 shares in the last quarter. Wolff Wiese Magana LLC grew its holdings in shares of Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after acquiring an additional 155 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Brooklyn Investment Group bought a new position in shares of Aptiv in the 3rd quarter valued at about $43,000. Finally, Mather Group LLC. grew its holdings in shares of Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after acquiring an additional 176 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.