TE Connectivity Ltd. New Switze which can be found using ticker (TEL) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 160 and 115 calculating the mean target price we have $138.45. Given that the stocks previous close was at $124.49 this would indicate that there is a potential upside of 11.2%. It’s also worth noting that there is a 50 day moving average of $128.05 and the 200 day moving average is $123.04. The market cap for the company is $39,184m. Company Website: https://www.te.com
The potential market cap would be $43,578m based on the market consensus.
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and interventional medical components, relays, heat shrink tubing, and wires and cables for industrial equipment, aerospace, defense, marine, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. TE Connectivity Ltd. sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.
The company has a dividend yield of 1.9% with the ex dividend date set at 18-5-2023 (DMY).
Other points of data to note are a P/E ratio of 17.71, revenue per share of 50.87 and a 8.4% return on assets.
