Aptiv (APTV) Moves On Wolfe Research Initiating Coverage of Shares

October 2, 2018 - By Ash

How Wolfe Research Currently Rates Aptiv (APTV)

Professional analysts at Wolfe Research has initiated coverage on Aptiv (APTV) with “Outperform” rating. This was issued to clients and investors in an analyst note on Tuesday morning.

Aptiv PLC (NYSE:APTV) Ratings Coverage

Among 8 analysts covering Aptiv (APTV), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Aptiv has $118 highest and $81 lowest target. $107.57’s average target is 27.21% above currents $84.56 stock price. Aptiv had 11 analyst reports since April 4, 2018 according to SRatingsIntel. Wells Fargo maintained it with “Outperform” rating and $118 target in Tuesday, June 5 report. The stock of Aptiv PLC (NYSE:APTV) has “Buy” rating given on Wednesday, April 4 by Berenberg. The stock has “Overweight” rating by Barclays Capital on Wednesday, August 1. Barclays Capital maintained the shares of APTV in report on Thursday, May 3 with “Overweight” rating. The stock of Aptiv PLC (NYSE:APTV) earned “Buy” rating by Wells Fargo on Wednesday, June 20. The company was maintained on Tuesday, May 8 by Citigroup. Barclays Capital maintained Aptiv PLC (NYSE:APTV) on Tuesday, April 17 with “Overweight” rating. The firm has “Buy” rating by Longbow given on Thursday, May 3. Morgan Stanley maintained the stock with “Underweight” rating in Monday, August 13 report. The company was upgraded on Thursday, May 3 by Deutsche Bank.

The stock increased 0.56% or $0.47 during the last trading session, reaching $84.56. About 330,486 shares traded. Aptiv PLC (APTV) has risen 3.60% since October 2, 2017 and is uptrending. It has underperformed by 12.02% the S&P500.

Analysts await Aptiv PLC (NYSE:APTV) to report earnings on November, 1. They expect $1.24 earnings per share, down 25.30 % or $0.42 from last year’s $1.66 per share. APTV’s profit will be $328.27 million for 17.05 P/E if the $1.24 EPS becomes a reality. After $1.40 actual earnings per share reported by Aptiv PLC for the previous quarter, Wall Street now forecasts -11.43 % negative EPS growth.

Aptiv PLC, together with its subsidiaries, manufacturers vehicle components; and provides electrical and electronic, powertrain, and safety technology solutions to the automotive and commercial vehicle markets worldwide. The company has market cap of $22.39 billion. It operates through three divisions: Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety. It has a 18.03 P/E ratio. The Electrical/Electronic Architecture segment offers complete design of the vehicle??s electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers, and hybrid high voltage and safety distribution systems.

More recent Aptiv PLC (NYSE:APTV) news were published by: Seekingalpha.com which released: “Aptiv: Risks Ahead” on September 06, 2018. Also Fool.com published the news titled: “Will the Driverless-Car Race End With a Tie?” on September 26, 2018. Nasdaq.com‘s news article titled: “Research Report Identifies American Midstream Partners, LP, Canadian Natural Resources, Flex, Aptiv, Petroleo …” with publication date: September 26, 2018 was also an interesting one.

Aptiv PLC (NYSE:APTV) Ratings Chart

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