Fintel reports that on October 10, 2023, UBS maintained coverage of Aptiv (NYSE:APTV) with a Buy recommendation.
Analyst Price Forecast Suggests 35.92% Upside
As of October 5, 2023, the average one-year price target for Aptiv is 131.62. The forecasts range from a low of 82.82 to a high of $170.10. The average price target represents an increase of 35.92% from its latest reported closing price of 96.84.
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The projected annual revenue for Aptiv is 19,708MM, an increase of 2.26%. The projected annual non-GAAP EPS is 4.92.
What is the Fund Sentiment?
There are 1636 funds or institutions reporting positions in Aptiv. This is a decrease of 62 owner(s) or 3.65% in the last quarter. Average portfolio weight of all funds dedicated to APTV is 0.35%, a decrease of 4.59%. Total shares owned by institutions decreased in the last three months by 1.64% to 296,902K shares. The put/call ratio of APTV is 1.38, indicating a bearish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,446K shares representing 2.99% ownership of the company. In it's prior filing, the firm reported owning 8,386K shares, representing an increase of 0.70%. The firm decreased its portfolio allocation in APTV by 15.45% over the last quarter.
Massachusetts Financial Services holds 8,266K shares representing 2.92% ownership of the company. In it's prior filing, the firm reported owning 8,148K shares, representing an increase of 1.43%. The firm decreased its portfolio allocation in APTV by 11.09% over the last quarter.
Alliancebernstein holds 7,920K shares representing 2.80% ownership of the company. In it's prior filing, the firm reported owning 8,213K shares, representing a decrease of 3.70%. The firm decreased its portfolio allocation in APTV by 16.36% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 6,440K shares representing 2.28% ownership of the company. In it's prior filing, the firm reported owning 6,322K shares, representing an increase of 1.83%. The firm decreased its portfolio allocation in APTV by 16.05% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 6,270K shares representing 2.22% ownership of the company. In it's prior filing, the firm reported owning 6,328K shares, representing a decrease of 0.93%. The firm decreased its portfolio allocation in APTV by 13.45% over the last quarter.
Aptiv Background Information
(This description is provided by the company.)
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility.
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