TE Connectivity Ltd. New Switze with ticker code (TEL) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 160 and 115 with the average target price sitting at 136.07. Given that the stocks previous close was at 127.26 this would indicate that there is a potential upside of 6.9%. There is a 50 day moving average of 117.8 and the 200 day MA is 125.04. The company has a market cap of $40,602m. Visit the company website at: https://www.te.com
The potential market cap would be $43,413m based on the market concensus.
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.
