Belden with ticker code (BDC) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 88 and 57 calculating the average target price we see 76.83. With the stocks previous close at 57.49 this would indicate that there is a potential upside of 33.6%. The day 50 moving average is 57.25 while the 200 day moving average is 57.43. The market cap for the company is $2,619m. Company Website: https://www.belden.com
The potential market cap would be $3,500m based on the market concensus.
Belden . provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, interconnect panels, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, 5G, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end copper and fiber network systems. This segment serves commercial real estate, hospitality, healthcare, education, financial, government, and broadband and wireless service providers, as well as end-markets, luding sport venues, stadiums, data centers, military installations, and academia. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems; and industrial Ethernet switches, network management software, routers, firewalls, gateways, input/output (I/O) connectors/systems, industrial Ethernet cables, optical fiber industrial Ethernet cables, Fieldbus cables, IP and networking cables, I/O modules, distribution boxes, and customer specific wiring solutions. This segment provides its products for use in applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission; and supplies heat-shrinkable tubing and wire management products to protect and organize wire and cable assemblies. It serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT . and changed its name to Belden . in May 2007. Belden . was founded in 1902 and is based in St. Louis, Missouri.
