UBS Group Increases Aptiv (NYSE:APTV) Price Target to $91.00

Aptiv (NYSE:APTV) had its target price upped by UBS Group from $82.00 to $91.00 in a research report released on Friday morning,Benzinga reports. UBS Group currently has a buy rating on the auto parts company’s stock.

A number of other research firms have also weighed in on APTV. TD Cowen dropped their price target on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Baird R W raised shares of Aptiv from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. raised their price target on shares of Aptiv from $107.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. HSBC raised shares of Aptiv from a “hold” rating to a “buy” rating and raised their price target for the company from $63.00 to $77.00 in a research report on Tuesday, February 4th. Finally, Piper Sandler raised shares of Aptiv from an “underweight” rating to a “neutral” rating and lifted their price objective for the stock from $53.00 to $65.00 in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $86.72.

Aptiv Stock Up 1.0 %

Aptiv stock opened at $64.09 on Friday. Aptiv has a 1-year low of $51.47 and a 1-year high of $85.56. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of 9.32, a price-to-earnings-growth ratio of 0.54 and a beta of 1.74. The firm’s fifty day moving average price is $60.23 and its two-hundred day moving average price is $64.17. The company has a current ratio of 1.53, a quick ratio of 1.06 and a debt-to-equity ratio of 0.87.

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

Hedge Funds Weigh In On Aptiv

Hedge funds have recently bought and sold shares of the company. Wolff Wiese Magana LLC grew its stake in Aptiv by 44.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock worth $36,000 after buying an additional 155 shares in the last quarter. Mather Group LLC. grew its stake in Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after buying an additional 176 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Aptiv by 16.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after buying an additional 176 shares in the last quarter. Boston Common Asset Management LLC grew its stake in Aptiv by 4.8% in the 4th quarter. Boston Common Asset Management LLC now owns 4,110 shares of the auto parts company’s stock worth $249,000 after buying an additional 188 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in Aptiv by 4.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 4,632 shares of the auto parts company’s stock worth $334,000 after buying an additional 218 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Company Profile

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.