Follow The Ratings: How Will Delphi Automotive plc (NYSE:DLPH) Stock React To Jefferies New Rating Coverage?

November 30, 2016 - By Richard Conner

Follow The Ratings: How Will Delphi Automotive plc (NYSE:DLPH) Stock React To Jefferies New Rating Coverage?

Why Jefferies Gives Delphi Automotive plc (NYSE:DLPH) $80.00 Price Target

Equities researchers at Jefferies has initiated coverage on Delphi Automotive plc (NYSE:DLPH) with a “Buy” rating. The price target for DLPH is $80.00. It indicates a potential upside of 23.23% from firm’s last stock close price.

Delphi Automotive PLC (NYSE:DLPH) Ratings Coverage

Out of 16 analysts covering Delphi Automotive LLP (NYSE:DLPH), 13 rate it a “Buy”, 2 “Sell”, while 1 “Hold”. This means 81% are positive. $105 is the highest target while $76 is the lowest. The $87.10 average target is 34.17% above today’s ($64.92) stock price. Delphi Automotive LLP has been the topic of 26 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Deutsche Bank on Thursday, August 4. Barclays Capital maintained it with “Overweight” rating and $88 target price in Monday, January 25 report. On Monday, April 18 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating given on Monday, June 6 by Goldman Sachs. The firm has “Buy” rating by UBS given on Tuesday, March 15. The firm earned “Hold” rating on Tuesday, November 22 by Berenberg. Barclays Capital maintained it with “Overweight” rating and $83 target price in Thursday, August 4 report. Deutsche Bank maintained Delphi Automotive PLC (NYSE:DLPH) on Friday, July 31 with “Buy” rating. The firm has “Buy” rating by Seaport Global given on Tuesday, August 9. Barclays Capital initiated Delphi Automotive PLC (NYSE:DLPH) on Thursday, January 7 with “Overweight” rating.

About 1.94M shares traded hands. Delphi Automotive PLC (NYSE:DLPH) has declined 17.63% since April 27, 2016 and is downtrending. It has underperformed by 22.86% the S&P500.

Analysts await Delphi Automotive PLC (NYSE:DLPH) to report earnings on February, 2. They expect $1.59 earnings per share, up 14.39% or $0.20 from last year’s $1.39 per share. DLPH’s profit will be $411.82M for 10.21 P/E if the $1.59 EPS becomes a reality. After $1.50 actual earnings per share reported by Delphi Automotive PLC for the previous quarter, Wall Street now forecasts 6.00% EPS growth.

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.05, from 0.84 in 2016Q1. The ratio is negative, as 58 funds sold all Delphi Automotive PLC shares owned while 171 reduced positions. 51 funds bought stakes while 142 increased positions. They now own 245.99 million shares or 3.11% less from 253.90 million shares in 2016Q1.

The Kentucky-based Todd Asset Mgmt Ltd Liability has invested 1.47% in Delphi Automotive PLC (NYSE:DLPH). Kistler last reported 0% of its portfolio in the stock. Andra Ap has 0.08% invested in the company for 48,200 shares. Sector Pension Invest Board last reported 0.04% of its portfolio in the stock. Moreover, Agf Invests America has 1.69% invested in Delphi Automotive PLC (NYSE:DLPH) for 59,511 shares. Lpl Fincl Limited Liability Com reported 14,495 shares or 0.01% of all its holdings. Paloma Prtnrs has 0.01% invested in the company for 18,310 shares. Bronson Point Mgmt Ltd Liability Co last reported 3.15% of its portfolio in the stock. Moreover, Janus Capital Lc has 0.17% invested in Delphi Automotive PLC (NYSE:DLPH) for 3.19 million shares. Utah Retirement System holds 0.08% or 49,800 shares in its portfolio. Korea Invest last reported 0.19% of its portfolio in the stock. World Asset Mngmt Incorporated holds 0.07% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 27,179 shares. Point72 Asia (Hong Kong) Limited owns 7,400 shares or 0.54% of their US portfolio. Cadence Capital Mngmt Lc has 29,063 shares for 0.14% of their US portfolio. Moon Capital Limited Partnership holds 15% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 620,132 shares.

Delphi Automotive PLC is a vehicle components manufacturer. The company has a market cap of $16.82 billion. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It has a 16.73 P/E ratio. It serves automotive and commercial vehicle markets.

According to Zacks Investment Research, “Delphi Automotive PLC is a vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. It is one of the largest vehicle component manufacturers, and its customers include some of the largest automotive original equipment manufacturers. Delphi Automotive PLC is based in Troy, Michigan.”

DLPH Company Profile

Delphi Automotive PLC, incorporated on May 19, 2011, is a vehicle components manufacturer. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Firm provides electrical and electronic, powertrain, safety and thermal technology solutions to the automotive and commercial vehicle markets. The Firm operates approximately 130 manufacturing facilities and over 10 technical centers.

More recent Delphi Automotive PLC (NYSE:DLPH) news were published by: Reuters.com which released: “Delphi, Mobileye to use Intel chip for self-driving car system” on November 29, 2016. Also Streetinsider.com published the news titled: “Berenberg Starts Delphi Automotive PLC (DLPH) at Hold” on November 22, 2016. Forbes.com‘s news article titled: “Ex-Dividend Reminder: Delphi Automotive, M.D.C. Holdings and Bloomin’ Brands” with publication date: November 03, 2016 was also an interesting one.

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