Aptiv (NYSE:APTV) Stock Rating Upgraded by HSBC

Aptiv (NYSE:APTV) was upgraded by equities research analysts at HSBC from a “hold” rating to a “buy” rating in a research note issued on Tuesday,Briefing.com Automated Import reports. The firm presently has a $77.00 price target on the auto parts company’s stock, up from their prior price target of $63.00. HSBC’s target price points to a potential upside of 26.79% from the company’s current price.

Several other equities analysts have also commented on APTV. Barclays dropped their price target on shares of Aptiv from $80.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 22nd. Piper Sandler raised shares of Aptiv from an “underweight” rating to a “neutral” rating and increased their target price for the company from $53.00 to $65.00 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating for the company in a research report on Friday, November 1st. Wells Fargo & Company raised their price objective on Aptiv from $70.00 to $76.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, Baird R W raised Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $85.00.

Aptiv Stock Down 2.7 %

Shares of NYSE APTV opened at $60.73 on Tuesday. The business has a 50-day moving average of $59.60 and a two-hundred day moving average of $64.40. The company has a market capitalization of $14.27 billion, a price-to-earnings ratio of 6.78, a price-to-earnings-growth ratio of 0.55 and a beta of 1.74. Aptiv has a 1 year low of $51.47 and a 1 year high of $85.56. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of APTV. Brown Brothers Harriman & Co. grew its stake in Aptiv by 1,410.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock valued at $32,000 after acquiring an additional 409 shares during the last quarter. Wolff Wiese Magana LLC lifted its holdings in shares of Aptiv by 44.3% in the third 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 in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Aptiv during the 3rd quarter worth approximately $43,000. Brooklyn Investment Group acquired a new position in shares of Aptiv during the 3rd quarter worth approximately $43,000. Finally, Mather Group LLC. lifted its stake in Aptiv by 36.9% in the 3rd quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock valued at $47,000 after buying an additional 176 shares in 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.