Oppenheimer analyst Colin Rusch reiterated a Buy rating on Aptiv (APTV) today and set a price target of $98.00. The company’s shares closed last Monday at $88.02.
According to TipRanks.com, Rusch is a top 100 analyst with an average return of 24.0% and a 56.6% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as American Superconductor, Capstone Turbine, and Fuelcell Energy.
Currently, the analyst consensus on Aptiv is a Strong Buy with an average price target of $101.25, implying a 15.0% upside from current levels. In a report issued on February 7, Evercore ISI also reiterated a Buy rating on the stock with a $100.00 price target.
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Based on Aptiv’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.6 billion and net profit of $230 million. In comparison, last year the company earned revenue of $3.64 billion and had a net profit of $247 million.
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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.
