Fintel reports that on June 8, 2023, Wolfe Research upgraded their outlook for Aptiv (NYSE:APTV) from Peer Perform to Outperform .
Analyst Price Forecast Suggests 32.59% Upside
As of June 1, 2023, the average one-year price target for Aptiv is 127.40. The forecasts range from a low of 81.81 to a high of $164.85. The average price target represents an increase of 32.59% from its latest reported closing price of 96.09.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aptiv is 19,708MM, an increase of 8.71%. The projected annual non-GAAP EPS is 4.92.
What is the Fund Sentiment?
There are 1714 funds or institutions reporting positions in Aptiv. This is an increase of 76 owner(s) or 4.64% in the last quarter. Average portfolio weight of all funds dedicated to APTV is 0.38%, an increase of 4.33%. Total shares owned by institutions increased in the last three months by 0.83% to 301,413K shares. 
The put/call ratio of APTV is 2.74, indicating a bearish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,386K shares representing 3.10% ownership of the company. In it's prior filing, the firm reported owning 8,235K shares, representing an increase of 1.81%. The firm increased its portfolio allocation in APTV by 13.28% over the last quarter.
Alliancebernstein holds 8,213K shares representing 3.04% ownership of the company. In it's prior filing, the firm reported owning 7,837K shares, representing an increase of 4.58%. The firm increased its portfolio allocation in APTV by 1.72% over the last quarter.
Massachusetts Financial Services holds 8,148K shares representing 3.01% ownership of the company. In it's prior filing, the firm reported owning 8,080K shares, representing an increase of 0.83%. The firm decreased its portfolio allocation in APTV by 81.74% over the last quarter.
VIMSX - Vanguard Mid-Cap Index Fund Investor Shares holds 6,328K shares representing 2.34% ownership of the company. In it's prior filing, the firm reported owning 6,313K shares, representing an increase of 0.24%. The firm increased its portfolio allocation in APTV by 16.89% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 6,322K shares representing 2.34% ownership of the company. In it's prior filing, the firm reported owning 6,264K shares, representing an increase of 0.93%. The firm increased its portfolio allocation in APTV by 12.76% 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.
Key filings for this company:
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
