Arrow Electronics found using ticker (ARW) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 150 and 130 calculating the average target price we see 142.14. Now with the previous closing price of 120.71 this would imply there is a potential upside of 17.8%. There is a 50 day moving average of 127.97 while the 200 day moving average is 120.57. The company has a market capitalisation of $8,355m. You can visit the company’s website by visiting: https://www.arrow.com
The potential market cap would be $9,839m 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.
