Equities researchers at Robert W. Baird started coverage on shares of Delphi Automotive PLC (NYSE:DLPH) in a research report issued to clients and investors on Wednesday. The brokerage set an “outperform” rating and a $61.00 price target on the auto parts company’s stock. Robert W. Baird’s price target suggests a potential downside of 39.47% from the stock’s current price.

A number of other research analysts also recently issued reports on the stock. Bank of America Corporation raised shares of Delphi Automotive PLC from a “neutral” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Monday. BidaskClub downgraded shares of Delphi Automotive PLC from a “hold” rating to a “sell” rating in a research report on Saturday, November 11th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Delphi Automotive PLC in a research report on Friday, November 3rd. Citigroup Inc. lifted their price objective on shares of Delphi Automotive PLC from $115.00 to $116.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $118.00 price objective on shares of Delphi Automotive PLC in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $102.59.

Delphi Automotive PLC (DLPH) opened at $100.78 on Wednesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.62 and a quick ratio of 1.22. Delphi Automotive PLC has a 12-month low of $60.50 and a 12-month high of $104.09. The stock has a market cap of $26,791.34, a P/E ratio of 14.84, a PEG ratio of 1.17 and a beta of 1.37.

Delphi Automotive PLC (NYSE:DLPH) last issued its quarterly earnings data on Thursday, November 2nd. The auto parts company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.10. Delphi Automotive PLC had a net margin of 8.00% and a return on equity of 57.92%. The firm had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the previous year, the firm earned $1.50 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. research analysts forecast that Delphi Automotive PLC will post 6.77 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Delphi Automotive PLC (DLPH) Now Covered by Robert W. Baird” was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this article on another site, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this article can be viewed at https://www.dailypolitical.com/2017/11/24/delphi-automotive-plc-dlph-now-covered-by-robert-w-baird.html.

In other Delphi Automotive PLC news, Director Gary L. Cowger sold 8,500 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $98.43, for a total transaction of $836,655.00. Following the completion of the sale, the director now directly owns 29,960 shares in the company, valued at approximately $2,948,962.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas W. Sidlik sold 8,475 shares of Delphi Automotive PLC stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $103.19, for a total transaction of $874,535.25. Following the sale, the director now owns 10,564 shares of the company’s stock, valued at $1,090,099.16. The disclosure for this sale can be found here. Insiders own 0.31% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in DLPH. Janus Henderson Group PLC increased its holdings in shares of Delphi Automotive PLC by 705.4% during the 2nd quarter. Janus Henderson Group PLC now owns 5,504,770 shares of the auto parts company’s stock valued at $482,510,000 after purchasing an additional 4,821,278 shares in the last quarter. Glenview Capital Management LLC purchased a new position in shares of Delphi Automotive PLC during the 2nd quarter valued at approximately $163,155,000. Artisan Partners Limited Partnership increased its holdings in shares of Delphi Automotive PLC by 43.7% during the 2nd quarter. Artisan Partners Limited Partnership now owns 4,435,030 shares of the auto parts company’s stock valued at $388,730,000 after purchasing an additional 1,348,013 shares in the last quarter. Pioneer Investment Management Inc. purchased a new position in shares of Delphi Automotive PLC during the 2nd quarter valued at approximately $73,985,000. Finally, Neuberger Berman Group LLC increased its holdings in shares of Delphi Automotive PLC by 28.1% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,657,643 shares of the auto parts company’s stock valued at $232,942,000 after purchasing an additional 582,518 shares in the last quarter. Institutional investors and hedge funds own 90.47% of the company’s stock.

About Delphi Automotive PLC

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)

Receive News & Ratings for Delphi Automotive PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delphi Automotive PLC and related companies with MarketBeat.com's FREE daily email newsletter.