Aptiv PLC (NYSE:APTV) Receives Consensus Recommendation of “Moderate Buy” from Analysts
From MarketBeat:
Aptiv PLC has received a “Moderate Buy” rating from 15 analysts, with 4 hold ratings and 11 buy ratings. Among those who, have updated their coverage in the last year, the average 12-month price target is $125.19. The stock has been rated by several leading research analysts, generating a lot of interest in the market.
Despite the ratings, Aptiv stock is up 0.8%. NYSE APTV opened at $82.92, with a 12-month low of $71.01 and high of $124.88. Boasting a market capitalization of $23.45 billion, Aptiv looks poised for growth, with it having a PE ratio of 10.37 and a price-to-earnings-growth ratio of 0.83.
In a recent earnings report, Aptiv reported $1.30 EPS, beating the consensus estimate of $1.20. A revenue of $5.11 billion was also reported, with the net revenue being 10.8% up over the same period the previous year. It is anticipated to post 4.73 earnings per share for the year.
Institutional investors and hedge funds are increasing their stakes in Aptiv, with Salem Investment Counselors Inc. and Farther Finance Advisors LLC leading in raising their positions in Aptiv.
Aptiv PLC is an automotive technology company that engages in the design, manufacture, and sale of vehicle components worldwide. It offers electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets.
To learn more about Wall Street’s top-rated and best-performing research analysts and the stocks they recommend, MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on. While Aptiv didn’t make the list, it’s still generating a lot of attention.
Read more: Aptiv PLC (NYSE:APTV) Receives Consensus Recommendation of “Moderate Buy” from Analysts