TD SYNNEX Corporation – Consensus Indicates Potential 42.5% Upside

Broker Ratings
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TD SYNNEX Corporation with ticker code (SNX) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 175 and 95 and has a mean target at 128.09. Now with the previous closing price of 89.89 this would imply there is a potential upside of 42.5%. The 50 day MA is 90.43 while the 200 day moving average is 98.44. The company has a market capitalisation of $8,833m. Company Website: https://www.tdsynnex.com

The potential market cap would be $12,586m based on the market concensus.

TD SYNNEX Corporation provides business process services in the United States and internationally. The company distributes PC systems, mobile phones and accessories, printers, peripherals, supplies, endpoint technology software, consumer electronics, information technology (“IT”) systems including data center server and storage solutions, system components, software, networking, communications and security equipment, consumer electronics, and complementary products. It also provides systems design and integration solutions, build-to-order, and configure-to-order assembly capabilities; logistics services that comprise outsourced fulfillment, virtual distribution, and direct ship to end-users; cloud services; online services; and financing services comprising net terms, third party leasing, floor plan financing, and letters of credit backed financing and arrangements. In addition, the company offers marketing services, such as direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves resellers, system integrators, and retailers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.

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