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Berenberg Bank Keeps Their Buy Rating on Aptiv (APTV)

Berenberg Bank analyst Jared Maymon maintained a Buy rating on Aptiv (APTVResearch Report) yesterday and set a price target of $126.00. The company’s shares closed yesterday at $109.32.

According to TipRanks, Maymon is an analyst with an average return of -23.2% and a 21.43% success rate. Maymon covers the Industrial Goods sector, focusing on stocks such as Aptiv, ADS-TEC Energy, and Proto Labs.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aptiv with a $127.56 average price target, representing a 16.68% upside. In a report released on November 4, Raymond James also maintained a Buy rating on the stock with a $125.00 price target.

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APTV market cap is currently $27.4B and has a P/E ratio of 84.44.

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Ireland-based Aptiv Plc designs, develops, manufactures and sells vehicle components. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through the following business segments: Signal and Power Solutions, Advanced Safety and User Experience.

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