Arrow Electronics found using ticker (ARW) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 150 and 126 calculating the average target price we see 141.14. Given that the stocks previous close was at 119.35 this is indicating there is a potential upside of 18.3%. The 50 day moving average now sits at 118.47 and the 200 day moving average is 120.74. The company has a market cap of $7,900m. Company Website: https://www.arrow.com
The potential market cap would be $9,342m 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.
