Aptiv (APTV) Gets a Buy from Evercore ISI
In a report released yesterday, Chris McNally from Evercore ISI maintained a Buy rating on Aptiv, with a price target of $100.00. The company’s shares closed yesterday at $66.64.
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McNally covers the Consumer Cyclical sector, focusing on stocks such as Aptiv, Magna International, and EVgo. According to TipRanks, McNally has an average return of 0.3% and a 47.01% success rate on recommended stocks.
Currently, the analyst consensus on Aptiv is a Strong Buy with an average price target of $96.00, which is a 44.06% upside from current levels. In a report released yesterday, Barclays also assigned a Buy rating to the stock with a $77.00 price target.
Based on Aptiv’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.15 billion and a net profit of $138 million. In comparison, last year the company earned a revenue of $4.91 billion and had a net profit of $268 million
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