Goldman Sachs Group Inc. reissued their buy rating on shares of Delphi Automotive PLC (NYSE:DLPH) in a research report released on Saturday morning. They currently have a $77.00 target price on the stock, down from their prior target price of $81.00.
Other equities research analysts have also issued reports about the stock. Barclays PLC reduced their target price on shares of Delphi Automotive PLC from $85.00 to $83.00 and set an overweight rating on the stock in a report on Thursday, August 4th. Deutsche Bank AG increased their target price on shares of Delphi Automotive PLC from $99.00 to $100.00 and gave the stock a buy rating in a report on Thursday, August 4th. Citigroup Inc. reduced their target price on shares of Delphi Automotive PLC from $90.00 to $88.00 and set a buy rating on the stock in a report on Monday, August 8th. Royal Bank Of Canada reiterated a buy rating on shares of Delphi Automotive PLC in a report on Monday, June 20th. Finally, Credit Agricole SA reiterated a buy rating on shares of Delphi Automotive PLC in a report on Wednesday, August 3rd. One analyst has rated the stock with a sell rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $84.54.
Shares of Delphi Automotive PLC (NYSE:DLPH) opened at 70.12 on Friday. Delphi Automotive PLC has a one year low of $55.59 and a one year high of $88.89. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 15.30 and a beta of 1.39. The stock’s 50 day moving average is $69.51 and its 200-day moving average is $68.99.
Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.55 by $0.04. Delphi Automotive PLC had a net margin of 8.11% and a return on equity of 57.43%. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same period in the prior year, the business posted $1.34 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities research analysts predict that Delphi Automotive PLC will post $5.99 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the company. J.Safra Asset Management Corp acquired a new position in shares of Delphi Automotive PLC during the second quarter valued at about $114,000. IFP Advisors Inc boosted its stake in Delphi Automotive PLC by 405.2% in the first quarter. IFP Advisors Inc now owns 1,743 shares of the company’s stock valued at $131,000 after buying an additional 1,398 shares during the period. Meeder Asset Management Inc. purchased a new stake in Delphi Automotive PLC during the first quarter valued at approximately $157,000. South Dakota Investment Council purchased a new stake in Delphi Automotive PLC during the second quarter valued at approximately $175,000. Finally, Citizens Financial Group Inc RI purchased a new stake in Delphi Automotive PLC during the first quarter valued at approximately $189,000. 93.08% of the stock is currently owned by institutional investors.
About Delphi Automotive PLC