Arrow Electronics with ticker code (ARW) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 158 and 126 with the average target price sitting at 142.29. Now with the previous closing price of 122.8 this now indicates there is a potential upside of 15.9%. The day 50 moving average is 119.41 and the 200 moving average now moves to 121.35. The market capitalisation for the company is $7,813m. Company Website: https://www.arrow.com
The potential market cap would be $9,054m based on the market concensus.
Arrow Electronics provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics was founded in 1935 and is based in Centennial, Colorado.
