Delphi Automotive PLC (NYSE:DLPH) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Friday.

A number of other analysts have also weighed in on the stock. Royal Bank Of Canada restated a “buy” rating and set a $95.00 price objective on shares of Delphi Automotive PLC in a research note on Friday, July 7th. Bank of America Corporation restated an “underperform” rating and set a $90.00 price objective (down from $95.00) on shares of Delphi Automotive PLC in a research note on Friday, June 16th. Guggenheim initiated coverage on shares of Delphi Automotive PLC in a research note on Wednesday, June 21st. They set a “buy” rating and a $104.00 price objective for the company. Raymond James Financial, Inc. initiated coverage on shares of Delphi Automotive PLC in a research note on Thursday, June 15th. They set an “outperform” rating and a $95.00 price objective for the company. Finally, Morgan Stanley reduced their price objective on shares of Delphi Automotive PLC from $80.00 to $78.00 and set an “underweight” rating for the company in a research note on Friday, June 9th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $94.53.

Delphi Automotive PLC (NYSE:DLPH) opened at 102.78 on Friday. The company’s 50-day moving average is $94.96 and its 200 day moving average is $86.83. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $102.95. The stock has a market capitalization of $27.43 billion, a PE ratio of 21.75 and a beta of 1.35.

Delphi Automotive PLC (NYSE:DLPH) last released its quarterly earnings data on Wednesday, August 2nd. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.06. The business had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.20 billion. Delphi Automotive PLC had a net margin of 7.51% and a return on equity of 60.14%. Delphi Automotive PLC’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $1.59 EPS. On average, equities research analysts expect that Delphi Automotive PLC will post $6.69 earnings per share for the current fiscal year.

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In related news, SVP Vos Glen W. De sold 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $91.35, for a total value of $191,835.00. Following the transaction, the senior vice president now owns 22,994 shares of the company’s stock, valued at $2,100,501.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.32% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sii Investments Inc. WI boosted its holdings in shares of Delphi Automotive PLC by 0.5% in the first quarter. Sii Investments Inc. WI now owns 3,865 shares of the auto parts company’s stock worth $308,000 after buying an additional 18 shares during the last quarter. Cleararc Capital Inc. boosted its holdings in shares of Delphi Automotive PLC by 0.3% in the first quarter. Cleararc Capital Inc. now owns 6,595 shares of the auto parts company’s stock worth $531,000 after buying an additional 19 shares during the last quarter. Palladium Partners LLC boosted its holdings in shares of Delphi Automotive PLC by 1.2% in the second quarter. Palladium Partners LLC now owns 3,368 shares of the auto parts company’s stock worth $295,000 after buying an additional 41 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Delphi Automotive PLC by 1.0% in the second quarter. Blair William & Co. IL now owns 4,111 shares of the auto parts company’s stock worth $360,000 after buying an additional 41 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Delphi Automotive PLC by 1.0% in the second quarter. D.A. Davidson & CO. now owns 6,318 shares of the auto parts company’s stock worth $553,000 after buying an additional 61 shares during the last quarter. 90.09% of the stock is currently owned by institutional investors.

Delphi Automotive PLC Company Profile

Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.

Analyst Recommendations for Delphi Automotive PLC (NYSE:DLPH)

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