Delphi Automotive (DLPH) is Upgraded by Sterne Agee CRT to Buy

Delphi Automotive (DLPH) is Upgraded by Sterne Agee CRT to Buy , according to the research report released to the investors. Earlier the firm had a rating of Neutral on the company shares. The shares recommendation by the Brokerage Firm was released on Dec-24-2015.

Shares of Delphi Automotive plc (NYSE:DLPH) ended Thursday session in red amid volatile trading. The shares closed down 2.3 points or 2.68% at $83.46 with 1,618,973 shares getting traded. Post opening the session at $85.51, the shares hit an intraday low of $83.45 and an intraday high of $85.8 and the price vacillated in this range throughout the day. The company has a market cap of $23,376 million and the number of outstanding shares has been calculated to be 280,088,170 shares. The 52-week high of Delphi Automotive plc (NYSE:DLPH) is $90.57 and the 52-week low is $66.1.

During the last several months other analysts have commented on the company rating. Brokerage firm RBC Capital maintains its rating on Delphi Automotive plc (NYSE:DLPH). As per the latest information, the brokerage house lowers the price target to $91 per share from a prior target of $93. The shares have been rated Outperform. The rating by the firm was issued on September 24, 2015.

Delphi Automotive plc (NYSE:DLPH) has received a short term rating of hold from research analysts at Zacks with a rank of 3. The company has been rated an average of 1.5 by 10 Wall Street Analysts. 7 analysts have added the shares in their list of strong buys. 1 stock experts have also rated a buy. 2 broker firms have advised hold.

Delphi Automotive plc (NYSE:DLPH): The stock price is expected to reach $ 93 in the short term. The number of analysts agreeing with this consensus is 9. The higher estimate for the short term price target is at $105 while the lower estimate is at $80. The standard deviation of the price stands at $6.69.

Delphi Automotive PLC has dropped 1.14% in the last five trading days, however, the shares have posted positive gains of 3.45% in the last 4 weeks. Delphi Automotive PLC is up 7.81% in the last 3-month period. Year-to-Date the stock performance stands at 16.19%.”

Delphi Automotive PLC (Delphi) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets. As of December 31, 2012, the Company operated 126 manufacturing facilities and 15 technical centers utilizing a regional service model that enables it to serve its global customers. The Company operates through four segments: Electrical / Electronic Architecture; Powertrain Systems; Electronics and Safety and Thermal Systems. In October 2012, the Company acquired FCI Group’s Motorized Vehicles Division.