Aptiv (NYSE:APTV) Receives Market Perform Rating from Raymond James

Raymond James reissued their market perform rating on shares of Aptiv (NYSE:APTV) in a research report report published on Monday morning, Marketbeat.com reports.

A number of other brokerages have also recently weighed in on APTV. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Aptiv from $76.00 to $66.00 and set a “hold” rating on the stock in a report on Friday, November 1st. Wells Fargo & Company lifted their target price on Aptiv from $70.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $75.00 to $82.00 in a research report on Monday, January 27th. Barclays reduced their price objective on Aptiv from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, January 22nd. Finally, Guggenheim reaffirmed a “buy” rating and issued a $73.00 target price on shares of Aptiv in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $85.47.

Aptiv Stock Down 2.7 %

APTV stock opened at $60.73 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.06 and a debt-to-equity ratio of 0.91. The firm has a 50 day simple moving average of $59.60 and a 200-day simple moving average of $64.40. The company has a market capitalization of $14.27 billion, a P/E ratio of 6.78, a PEG ratio of 0.55 and a beta of 1.74. Aptiv has a twelve month low of $51.47 and a twelve month high of $85.56.

Institutional Trading of Aptiv

Hedge funds and other institutional investors have recently made changes to their positions in the business. Brown Brothers Harriman & Co. raised its holdings in Aptiv by 1,410.3% during the 3rd 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 during the period. Wolff Wiese Magana LLC boosted its stake in shares of Aptiv by 44.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 505 shares of the auto parts company’s stock valued at $36,000 after buying an additional 155 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Aptiv during the 3rd quarter valued at $43,000. Brooklyn Investment Group acquired a new position in shares of Aptiv in the third quarter worth $43,000. Finally, Mather Group LLC. raised its holdings 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 acquiring an additional 176 shares in the last quarter. 94.21% of the stock is currently owned by 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.