After Guggenheim and Barclays gave Delphi Technologies PLC (NYSE: DLPH) a Buy rating last month, the company received another Buy, this time from Robert W. Baird. Analyst David Leiker reiterated a Buy rating on Delphi Technologies PLC yesterday and set a price target of $53. The company’s shares closed yesterday at $41.98.
According to TipRanks.com, Leiker is a 5-star analyst with an average return of 12.6% and a 67.0% success rate. Leiker covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, WABCO Holdings, and Visteon Corp.
Delphi Technologies PLC has an analyst consensus of Strong Buy, with a price target consensus of $56.67, implying a 35.0% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock.
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Based on Delphi Technologies PLC’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.3 billion and net profit of $98 million. In comparison, last year the company earned revenue of $1.19 billion and had a net profit of $48 million.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.
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Delphi Technologies PLC engages in the development, design, and manufacture of integrated powertrain technologies. It operates through the following segments: Powertrain Systems, and Eliminations and Others.
