Showing posts with label Delphi Automotive. Show all posts
Showing posts with label Delphi Automotive. Show all posts

Wednesday, December 28, 2011

Delphi (DLPH) Gets New Coverage

Delphi Automotive PLC (NASDAQ: DLPH) getting new coverage from analysts.

Citigroup (NYSE:C) initiated coverage on Delphi Automotive PLC (DLPH). They placed a “Neutral” rating on the company.

Goldman Sachs (NYSE:GS) initiated coverage on Delphi Automotive PLC. They placed a “Buy” rating on the company.

Bank of America (NYSE:BAC) initiated coverage on Delphi Automotive PLC. They placed a “Buy” rating on the company.

Credit Suisse (NYSE:CS) initiated coverage on Delphi Automotive PLC. They placed an “Outperform” rating on the company.

Barclays Capital (NYSE:BCS) initiated coverage on Delphi Automotive PLC. They placed an “Overweight” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Delphi Automotive PLC. They placed an “Overweight” rating and a price target of $32.00 on the company.

Robert W. Baird initiated coverage on Delphi Automotive PLC. They placed an “Outperform” rating and a price target of $29.00 on the company.

Morgan Stanley (NYSE:MS) initiated coverage on Delphi Automotive PLC. They placed an “Overweight” rating and a price target of $28.00 on the company.

Tuesday, December 27, 2011

Delphi Automotive (DLPH) Ratings, Price Targets

Delphi Automotive PLC (NASDAQ: DLPH) had ratings and price targets adjusted by analysts.

Delphi Automotive PLC (DLPH) is now covered by Credit Suisse (NYSE:CS). They have an “Outperform” rating on the firm.

Delphi Automotive PLC (NASDAQ: DLPH) is now covered by Barclays Capital (NYSE:BCS). They have an “Overweight” rating on the firm.

Delphi Automotive PLC is now covered by JPMorgan Chase & Co. (NYSE:JPM). They have an “Overweight” rating and a price target of $32.00 on the firm.

Delphi Automotive PLC is now covered by Robert W. Baird. They have an “Outperform” rating and a price target $29.00 on the firm.

Delphi Automotive PLC is now covered by Citigroup (NYSE:C). They have a “Neutral” rating on the firm.

Delphi Automotive PLC is now covered by Goldman Sachs (NYSE:GS). They have a “Buy” rating on the firm.

Delphi Automotive PLC is now covered by Bank of America (NYSE:BAC). They have a “Buy” rating on the firm.

Delphi Automotive PLC is now covered by Morgan Stanley (NYSE:MS). They have an “Overweight” rating and a price target of $28.00 on the firm.

Friday, April 1, 2011

General Motors (GM) Sells Delphi Stake for $3.8 Billion

General Motors (NYSE:GM) said in a late press release Thursday it is selling its stake in Delphi Automotive for $3.8 billion.

GM CFO Dan Ammann said in the release, “We are systematically delivering on our commitment to strengthen and simplify our balance sheet.”

The sale involved the Class A Membership Interest in Delphi, which GM acquired in the last quarter of 2009 when Delphi was created.

In the first quarter of 2011, General Motors will book a gain of about $1.6 billion in connection to the transaction.

Delphi is also purchasing $594 million for shares held by the Pension Benefit Guaranty Corp.

GM closed Thursday at $31.03, falling $0.52, or 1.65 percent.