Kimball Electronics with ticker code (KE) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 35 and 27 with the average target price sitting at 31. With the stocks previous close at 18.19 this now indicates there is a potential upside of 70.4%. The 50 day MA is 20.57 and the 200 day MA is 19.61. The company has a market cap of $463m. Company Website: https://www.kimballelectronics.com
The potential market cap would be $788m based on the market concensus.
Kimball Electronics provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company’s manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical devices and disposables, and other non-electronic products; drug delivery devices and solutions with and without electronics; class 8 clean room assembly, cold chain, and product sterilization management; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company operates in the United States, China, Mexico, Poland, Romania, Thailand, Vietnam, and internationally. Kimball Electronics was founded in 1961 and is headquartered in Jasper, Indiana.
