Arrow Electronics found using ticker (ARW) have now 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 140 and 118 calculating the mean target price we have 130. With the stocks previous close at 134.01 this is indicating there is a potential downside of -3.0%. The day 50 moving average is 127.61 and the 200 moving average now moves to 119.3. The company has a market cap of $9,397m. Visit the company website at: https://www.arrow.com
The potential market cap would be $9,116m 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 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 consisting primarily of 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, including data-center, cloud, security, and analytics solutions, as well as 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, as well as manages service providers, contract manufacturers, and other commercial customers. Arrow Electronics was founded in 1935 and is based in Centennial, Colorado.
