Aptiv PLC (APTV) Received its Third Buy in a Row


After Macquarie and Wells Fargo gave Aptiv PLC (NYSE: APTV) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Brian Johnson maintained a Buy rating on Aptiv PLC yesterday and set a price target of $99. The company’s shares opened today at $74.07.

According to TipRanks.com, Johnson is a 4-star analyst with an average return of 3.9% and a 52.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, Arvinmeritor, and Dana Holding.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aptiv PLC with a $111.33 average price target, which is a 50.3% upside from current levels. In a report issued on October 8, Macquarie also initiated coverage with a Buy rating on the stock with a $103 price target.

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The company has a one-year high of $103.23 and a one-year low of $63.04. Currently, Aptiv PLC has an average volume of 1.98M.

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Aptiv Plc engages in the design, development, and manufacture of vehicle components. The firm also provides electrical, electronic, and safety technology solutions to the global automotive and commercial vehicle markets.

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