Jefferies Starts Delphi Automotive PLC (DLPH) at Buy

November 30, 2016 6:51 AM EST
Get Alerts DLPH Hot Sheet
Price: $71.44 +1.96%

Rating Summary:
    20 Buy, 3 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 19 | New: 11
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Jefferies initiates coverage on Delphi Automotive PLC (NYSE: DLPH) with a Buy rating and a price target of $80.00.

Analyst David Kelley commented, "We believe DLPH is best positioned among our coverage group to benefit from likely leading drivers of mobility innovation through rising penetration of Electronics & Safety and Powertrain Systems segment technologies while Electronic Architecture segment likely enables accelerating vehicle electrification and increased software content. As such, we estimate 400-600 bps comp growth above global production through 2020. We initiate with a Buy rating & $80 PT."

For an analyst ratings summary and ratings history on Delphi Automotive PLC click here. For more ratings news on Delphi Automotive PLC click here.

Shares of Delphi Automotive PLC closed at $63.44 yesterday.

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