Aptiv (NYSE:APTV) Raised to “Strong-Buy” at Hsbc Global Res

Aptiv (NYSE:APTV) was upgraded by Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

APTV has been the subject of a number of other reports. Raymond James restated a “market perform” rating on shares of Aptiv in a report on Monday. Baird R W upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. TD Cowen reduced their target price on shares of Aptiv from $95.00 to $74.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Wells Fargo & Company increased their target price on shares of Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Finally, Piper Sandler upgraded 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 note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

Aptiv Trading Up 1.2 %

Aptiv stock opened at $61.40 on Tuesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.06. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 6.85, a PEG ratio of 0.55 and a beta of 1.74. Aptiv has a one year low of $51.47 and a one year high of $85.56. The company’s fifty day moving average price is $59.67 and its two-hundred day moving average price is $64.32.

Institutional Trading of Aptiv

Hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. increased its holdings in shares of Aptiv by 1,410.3% during the third quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company’s stock worth $32,000 after buying an additional 409 shares in the last quarter. Wolff Wiese Magana LLC increased 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 acquired a new stake in Aptiv during the 3rd quarter worth $43,000. Brooklyn Investment Group acquired a new stake in Aptiv during the 3rd quarter worth $43,000. Finally, Mather Group LLC. boosted its position in shares of Aptiv by 36.9% during the third quarter. Mather Group LLC. now owns 653 shares of the auto parts company’s stock worth $47,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

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.