Barclays slashes PT on US auto parts suppliers on softening demand

Autoliv

30/03/2026 12:23

** Barclays cuts price target on U.S. auto parts suppliers on softer end-market volumes and subdued light vehicle production expectations

** Brokerage says outlook for suppliers remains challenging due to muted growth, but most companies likely to reaffirm 2026 guidance, even as the trajectory looks modestly negative

** Adds Aptiv's APTV.N growth prospects remain subdued, reinforcing investor skepticism about durable recovery

** Says Adient ADNT.N to have weaker Q2 due to lower income from its China joint venture and an unfavorable production mix

** As of last close, S&P 600 Consumer Discretionary sector .SPSMCD down 4.3% YTD

Companies
New PT
Old PT
Adient
$26
$27
Autoliv
$135
$140
Aptiv
$77
$105

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))