Brokerages Set Aptiv PLC (NYSE:APTV) Target Price at $85.61

Shares of Aptiv PLC (NYSE:APTV - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-four brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, sixteen have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $85.61.

A number of equities research analysts have recently issued reports on APTV shares. Argus raised shares of Aptiv to a "strong-buy" rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv from a "hold" rating to a "buy" rating and set a $78.00 price objective for the company in a report on Friday, February 7th. Hsbc Global Res upgraded shares of Aptiv from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Wells Fargo & Company lifted their price objective on shares of Aptiv from $76.00 to $86.00 and gave the company an "overweight" rating in a report on Friday, February 7th. Finally, Guggenheim reiterated a "buy" rating and set a $73.00 price target on shares of Aptiv in a report on Thursday, December 5th.

Aptiv Trading Up 1.0 %

APTV stock traded up $0.65 during trading on Friday, reaching $67.06. 2,121,450 shares of the stock were exchanged, compared to its average volume of 3,465,648. 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 business has a 50 day moving average price of $61.15 and a 200-day moving average price of $64.04. Aptiv has a 1 year low of $51.47 and a 1 year high of $85.56. The firm has a market capitalization of $15.76 billion, a price-to-earnings ratio of 9.75, a P/E/G ratio of 0.54 and a beta of 1.74.

Aptiv (NYSE:APTV - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) 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, research analysts predict that Aptiv will post 7.14 earnings per share for the current year.

Institutional Trading of Aptiv

Several institutional investors and hedge funds have recently bought and sold shares of APTV. Sumitomo Life Insurance Co. raised its position in Aptiv by 2.8% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 16,490 shares of the auto parts company's stock valued at $1,187,000 after purchasing an additional 445 shares during the last quarter. Wolff Wiese Magana LLC raised its position in 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 purchasing an additional 155 shares during the last quarter. Ellsworth Advisors LLC raised its position in Aptiv by 2.5% during the 3rd quarter. Ellsworth Advisors LLC now owns 22,000 shares of the auto parts company's stock worth $1,584,000 after buying an additional 544 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Aptiv by 2.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 45,414 shares of the auto parts company's stock worth $3,270,000 after buying an additional 918 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its position in Aptiv by 42.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 8,694 shares of the auto parts company's stock worth $626,000 after buying an additional 2,593 shares during the last quarter. Hedge funds and other institutional investors 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.