Aptiv (NYSE:APTV) Upgraded by Deutsche Bank Aktiengesellschaft to “Buy” Rating

Deutsche Bank Aktiengesellschaft upgraded shares of Aptiv (NYSE:APTV) from a hold rating to a buy rating in a report released on Friday, Marketbeat reports. The firm currently has $78.00 price objective on the auto parts company’s stock.

Several other research firms have also issued reports on APTV. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Hsbc Global Res raised Aptiv from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Wells Fargo & Company boosted their price target on Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Aptiv from $107.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Finally, Barclays dropped their target price on shares of Aptiv from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $86.72.

Aptiv Trading Up 1.0 %

NYSE APTV opened at $64.09 on Friday. The firm has a market capitalization of $15.06 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.55 and a beta of 1.74. The business’s 50-day moving average price is $60.06 and its two-hundred day moving average price is $64.24. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. Aptiv has a 12 month low of $51.47 and a 12 month high of $85.56.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, February 6th. The auto parts company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.63 by $0.12. Aptiv had a return on equity of 14.51% and a net margin of 12.29%. On average, analysts expect that Aptiv will post 6.18 EPS for the current year.

Institutional Investors Weigh In On Aptiv

A number of institutional investors and hedge funds have recently bought and sold shares of APTV. HighTower Advisors LLC boosted its holdings in Aptiv by 4.1% during the 4th quarter. HighTower Advisors LLC now owns 14,663 shares of the auto parts company’s stock worth $887,000 after acquiring an additional 577 shares during the last quarter. Marathon Trading Investment Management LLC bought a new stake in Aptiv in the 4th quarter worth about $1,289,000. Personal CFO Solutions LLC purchased a new stake in shares of Aptiv during the fourth quarter valued at approximately $677,000. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Aptiv during the 4th quarter worth $204,000. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in Aptiv by 58.1% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 100,458 shares of the auto parts company’s stock worth $6,295,000 after acquiring an additional 36,919 shares during the period. 94.21% of the stock is owned by hedge funds and other institutional investors.

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.