Nomura Sticks to Their Hold Rating for Aptiv PLC

Nomura Sticks to Their Hold Rating for Aptiv PLC

May 18, 2020


Nomura analyst Anindya Das maintained a Hold rating on Aptiv (NYSE:APTV) PLC on Thursday, setting a price target of $64, which is approximately 0.11% below the present share price of $64.07.

Das expects Aptiv PLC to post earnings per share (EPS) of $6.15 for the second quarter of 2020.

The current consensus among 19 TipRanks analysts is for a Strong Buy rating of shares in Aptiv, with an average price target of $74.94.
The analysts price targets range from a high of $92 to a low of $50.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.23 billion and a net profit of $213 million. The company's market cap is $16.33 billion.

According to TipRanks.com, Nomura analyst Anindya Das is a 2-star analyst with an average return of -1.2% and a 44.4% success rate.

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. It operates through the following business segments: Signal and Power Solutions, Advanced Safety and User Experience, and Eliminations and Other. The Signal and Power Solutions segment includes complete electrical architecture and component products. The Advanced Safety and User Experience segment covers component and systems integration in connectivity and security solutions, as well as advanced software development and autonomous driving technologies. The Eliminations and Other segment comprises of elimination of inter-segment transactions, other expenses, and income of a non-operating or strategic nature. The company was founded on May 19, 2011 and is headquartered in Dublin, Ireland.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now