Barclays Thinks Aptiv PLC’s Stock is Going to Recover


In a report issued on January 4, Brian Johnson from Barclays maintained a Buy rating on Aptiv PLC (APTV), with a price target of $80. The company’s shares closed on Friday at $62.62, close to its 52-week low of $58.80.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.7% and a 47.8% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.

Currently, the analyst consensus on Aptiv PLC is a Strong Buy with an average price target of $97.

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The company has a one-year high of $103.23 and a one-year low of $58.80. Currently, Aptiv PLC has an average volume of 2.58M.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of APTV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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