Delphi Technologies PLC Gets a Buy Rating from Robert W. Baird

By Jason Carr

Robert W. Baird analyst David Leiker reiterated a Buy rating on Delphi Technologies PLC (NYSE: DLPH) yesterday and set a price target of $69. The company’s shares closed yesterday at $49.84.

According to TipRanks.com, Leiker is a 5-star analyst with an average return of 14.6% and a 66.7% success rate. Leiker covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, WABCO Holdings, and Visteon Corp.

Currently, the analyst consensus on Delphi Technologies PLC is Moderate Buy and the average price target is $64.17, representing a 28.8% upside.

In a report released yesterday, Cowen & Co. also initiated coverage with a Buy rating on the stock with a $64 price target.

The company has a one-year high of $60.39 and a one-year low of $38. Currently, Delphi Technologies PLC has an average volume of 933.8K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DLPH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Delphi Technologies PLC engages in the development, design, and manufacture of integrated powertrain technologies. It operates through the following segments: Powertrain Systems, and Eliminations and Others.