Delphi Technologies (NYSE:DLPH) Price Target & New Coverage by Buckingham Research
Analysts at Buckingham Research initiated coverage on shares of Delphi Technologies (NYSE:DLPH) in a research report released on 8 February. The financial firm set Neutral rating on the stock. Buckingham Research’s target price per share of $58.0 suggests potential of -41.64 % from the stock’s previous stock close.
The initiation is well-received by stock speculators, as NYSE:DLPH is at the moment trading 0.07% higher at $100.86 as of 4:09 AM New York time. Delphi Technologies’s stock is 0% over the past 200 days. It has underperformed the Standard & Poor’s 500 index, which has surged 6.00% over the same time.
Out of 16 brokers covering Delphi Technologies, 0 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $107 and the lowest is $74 according to Thomson/First Call. The 12-month mean target is $90.88, which means downside potential of 9.89% over the current price.
Moon Capital Management Lp had the biggest stake with ownership of 476,752 shares as of Q2 2015 for 12.83% of the US equity exposure. Lateef Investment Management L.P. is another quite bullish investment professional who is owning 1.87M shares of Delphi Technologies or 5.45% of their US equity exposure. Also, Longview Partners (Guernsey) Ltd have 4.26% of their US equity exposure invested in the company for 9.21M shares. The New York-based fund Spears Abacus Advisors Llc disclosed it had acquired a stake worth about 4.22% of the investment professional’s stock portfolio in Delphi Technologies. The New York-based fund Senator Investment Group Lp is also positive about the stock, possessing 470,191 shares or 4.17% of their US equity exposure.
Delphi Technologies (NYSE:DLPH) Profile
Delphi Automotive PLC is a global technology company serving the automotive sector. The Company designs and manufactures vehicle components, and provides electrical and electronic, powertrain and active safety technology solutions to the global automotive and commercial vehicle markets. The Company’s segments include Electrical/Electronic Architecture, Powertrain Systems, and Electronics and Safety.
Delphi Technologies (NYSE:DLPH) traded up 0.07% on 8 February, hitting $100.86. A total of 629,568 shares of the company’s stock traded hands. This is down from average of 1.67M shares. Delphi Technologies has a 52 week low of $60.50 and a 52 week high of $104.09. The company has a market cap of $26.81B and a P/E ratio of 19.65.
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