UBS lifts Aptiv's PT on strong Q3 outlook

Aptiv

06/10/2025 15:56

** UBS raises auto parts supplier Aptiv's APTV.N  PT to $94 from $75, keeps rating unchanged at "neutral"

** New PT shows premium of 6.8% from stock's last close

** U.S.-listed shares of Dublin, Ireland-based company rise 0.2% to $88 in morning trading

** UBS says co is set to beat expectations in Q3, driven by stronger global car production, especially from Chinese OEMs such as GM

** Adds co's  Q3 performance is benefiting from strong execution and operational discipline, which is helping sustain margins even amid supply chain volatility and modest cost pressures

** 15 of 21 brokerages rate stock "buy" or higher, 4 "hold" and 2 "sell"; their median PT is $92- data compiled by LSEG

** Including session's moves, shares up 45.7% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))