Follow The Ratings: Is Delphi Automotive (NYSE:DLPH) a Buy or a Sell? Learn What Jefferies Thinks

November 30, 2016 - By whatsonthorold

Follow The Ratings: Is Delphi Automotive (NYSE:DLPH) a Buy or a Sell? Learn What Jefferies Thinks

Why Jefferies Gives Delphi Automotive (NYSE:DLPH) $80 Price Target

In a a research note revealed to clients on 30 November, stock research analysts at Jefferies began coverage on shares of Delphi Automotive (NYSE:DLPH). The firm set a Buy rating with $80, giving 22.85% to target.

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 33.75% above today’s ($65.12) stock price. Delphi Automotive LLP has been the topic of 26 analyst reports since July 31, 2015 according to StockzIntelligence Inc. As per Friday, February 5, the company rating was maintained by RBC Capital Markets. The company was initiated on Friday, June 10 by Piper Jaffray. The company was upgraded on Tuesday, March 15 by UBS. The company was maintained on Monday, April 18 by Citigroup. The stock of Delphi Automotive PLC (NYSE:DLPH) earned “Overweight” rating by Barclays Capital on Thursday, January 7. The rating was maintained by Barclays Capital with “Overweight” on Monday, January 25. The firm earned “Buy” rating on Tuesday, August 9 by Seaport Global. The stock has “Buy” rating given by Buckingham Research on Monday, August 31. The stock of Delphi Automotive PLC (NYSE:DLPH) earned “Buy” rating by Deutsche Bank on Thursday, August 4. Berenberg initiated Delphi Automotive PLC (NYSE:DLPH) on Tuesday, November 22 with “Hold” rating.

About 1.49 million 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 EPS, up 14.39% or $0.20 from last year’s $1.39 per share. DLPH’s profit will be $411.91 million for 10.24 P/E if the $1.59 EPS becomes a reality. After $1.50 actual EPS 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 Q2 2016. Its down 0.05, from 0.84 in 2016Q1. The ratio dived, 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.

Citigroup owns 103,228 shares or 0.01% of their US portfolio. Fdx holds 29,765 shares or 0.08% of its portfolio. Millennium Management Ltd Company has invested 0.04% of its portfolio in Delphi Automotive PLC (NYSE:DLPH). Bowling Portfolio Ltd Llc accumulated 0.32% or 31,609 shares. Raymond James Serv Advisors owns 10,513 shares or 0.01% of their US portfolio. Mirae Asset Glob Investments Company Ltd holds 0.21% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 127,464 shares. Senator Invest Grp Inc L P reported 5.00 million shares or 5.01% of all its holdings. Blackrock Incorporated accumulated 0.05% or 567,260 shares. Thrivent For Lutherans holds 0.2% of its portfolio in Delphi Automotive PLC (NYSE:DLPH) for 682,273 shares. De Burlo Incorporated last reported 8,850 shares in the company. Moreover, Commonwealth Bancorporation Of has 0.02% invested in Delphi Automotive PLC (NYSE:DLPH) for 24,209 shares. Wells Fargo & Company Mn accumulated 0.06% or 2.45M shares. Art Advsrs Ltd Llc, a New York-based fund reported 65,076 shares. Diam Ltd accumulated 0.03% or 34,310 shares. Redwood Cap Limited Liability Company has 1.3% invested in the company for 126,700 shares.

Delphi Automotive PLC is a vehicle components manufacturer. The company has a market cap of $16.87 billion. The Firm operates through three divisions: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. It has a 16.78 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 important 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 Forbes.com published article titled: “Delphi Automotive Enters Oversold Territory”, Streetinsider.com published: “Berenberg Starts Delphi Automotive PLC (DLPH) at Hold” on November 22, 2016. More interesting news about Delphi Automotive PLC (NYSE:DLPH) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Delphi Automotive, M.D.C. Holdings and Bloomin’ Brands” with publication date: November 03, 2016.

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