Analysts Offer Insights on Conglomerates Companies: Caterpillar (NYSE: CAT) and Delphi Automotive (NYSE: DLPH)

By Jason Carr

Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Caterpillar (NYSE: CAT) and Delphi Automotive (NYSE: DLPH).

Caterpillar (NYSE: CAT)

In a report released yesterday, Sho Fukuhara from Jefferies reiterated a Hold rating on Caterpillar (NYSE: CAT), with a price target of $100. The company’s shares closed yesterday at $115.07, close to its 52-week high of $116.64.

According to TipRanks.com, Fukuhara is a 4-star analyst with an average return of 41.5% and a 100.0% success rate. Fukuhara covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp, Parker Hannifin, and Ingersoll-Rand.

Currently, the analyst consensus on Caterpillar is Moderate Buy and the average price target is $119.33, representing a 3.7% upside.

In a report issued on August 27, RBC Capital also reiterated a Hold rating on the stock with a $120 price target.
Delphi Automotive (NYSE: DLPH)

In a report released yesterday, David Kelley from Jefferies reiterated a Buy rating on Delphi Automotive (NYSE: DLPH), with a price target of $106. The company’s shares closed yesterday at $94.49, close to its 52-week high of $95.44.

According to TipRanks.com, Kelley is a 4-star analyst with an average return of 24.4% and a 100.0% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Cooper-Standard Holdings, Tenneco Automotive, and BorgWarner.

Currently, the analyst consensus on Delphi Automotive is Strong Buy and the average price target is $105.13, representing an 11.3% upside.

In a report issued on August 18, Robert W. Baird also reiterated a Buy rating on the stock with a $110 price target.

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