TD SYNNEX Corporation with ticker code (SNX) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 175 and 125 with a mean TP of 147.57. Given that the stocks previous close was at 91.1 this would imply there is a potential upside of 62.0%. The 50 day MA is 98.72 and the 200 moving average now moves to 105.13. The company has a market cap of $8,803m. Company Website: https://www.tdsynnex.com
The potential market cap would be $14,259m 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.
