Narrow-Moat Aptiv Begins First Day of Trading on a High Note
Delphi Automotive PLC has been renamed Aptiv PLC and begun trading under the ticker APTV. Our fair value estimate is $56, and we have assigned the shares narrow moat and negative moat trend ratings. Aptiv’s electrical/electronic architecture segment supplies components and systems that make up a vehicle’s electrical system backbone, including wiring assemblies and harnesses, connectors, and electrical centers, as well as hybrid high-voltage and safety distribution systems.The electronics and sa...
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