Delphi Automotive plc (DLPH) : Analyst Rating Update

Delphi Automotive plc (DLPH) has an average broker rating of 1.43, which is interpreted as a Strong Buy, as rated by 14 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Delphi Automotive plc (DLPH) : 12 Wall Street analysts covering Delphi Automotive plc (DLPH) believe that the average level the stock could reach for the short term is $90.42. The maximum price target given is $107 and the minimum target for short term is around $74, hence the standard deviation is calculated at $9.62.

Delphi Automotive plc (NYSE:DLPH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $60.40 and $58.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $60.92, notching a gain of 1.21% for the day. The total traded volume was 1,996,700 . The stock had closed at $60.19 on the previous day.

Also, Piper Jaffray initiates coverage on Delphi Automotive plc (NYSE:DLPH).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Piper Jaffray announces the price target of $82 per share. The rating by the firm was issued on June 9, 2016. The company shares have dropped -23.06% from its 1 Year high price. On Dec 1, 2015, the shares registered one year high at $88.89 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $66.33 and the 200 Day Moving Average price is recorded at $70.09.

Delphi Automotive PLC is a vehicle components manufacturer. The Company provides electrical and electronic, powertrain and safety solutions to the automotive and commercial vehicle markets. The Company operates through three segments: Electrical/Electronic Architecture; Powertrain Systems, and Electronics and Safety. The Companys Electrical/Electronic Architecture segment provides design of the vehicles electrical architecture, including connectors, wiring assemblies and harnesses, electrical centers and hybrid high voltage, among others. Its Powertrain Systems segment provides systems integration of gasoline and diesel engine management systems. Its Electronics and Safety segment provides components, systems and software for passenger safety, security, and infotainment, as well as vehicle operation, including body controls, reception systems, infotainment and connectivity systems, hybrid vehicle power electronics, passive and active safety electronics, displays and mechatronics.

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