Zacks Rating on Flextronics International Ltd. (FLEX)

Flextronics International Ltd. (FLEX) : Zacks Investment Research ranks Flextronics International Ltd. (FLEX) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.38, which indicates as a Strong Buy.

Flextronics International Ltd. (FLEX) : 9 investment research analysts covering Flextronics International Ltd. (FLEX) have an average price target of $13.72 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $10 for the short term. Analysts expect the variance to be within $1.82 of the average price.


Flextronics International Ltd. has lost 1.08% in the last five trading days and dropped 1.31% in the last 4 weeks. Flextronics International Ltd. is up 2.48% in the last 3-month period. Year-to-Date the stock performance stands at 14.09%. Flextronics International Ltd. (NASDAQ:FLEX): On Tuesdays trading session , Opening price of the stock was $12.86 with an intraday high of $12.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.77. However, the stock managed to close at $12.79, a loss of 0.23% for the day. On the previous day, the stock had closed at $12.82. The total traded volume of the day was 2,784,451 shares.

Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups. The Company offers a range of design and engineering services that relate to manufacturing (including enclosures, metals, plastic injection molding, precision plastics, machining, and mechanicals), system integration and assembly and test services, materials procurement, inventory management, logistics and after-sales services (including product repair, warranty services, re-manufacturing and maintenance), supply chain management software solutions and component product offerings (including rigid and flexible printed circuit boards and power adapters and chargers).

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