Belden Inc (BDC) : The consensus on Belden Inc (BDC) based on 3 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.
Belden Inc (BDC) : Currently there are 4 street experts covering Belden Inc (BDC) stock. The most bullish and bearish price target for the stock is $86 and $70 respectively for the short term. The average price target of all the analysts comes to $81.25. The estimated standard deviation from the target is $7.54.
For this week, the average consensus of the company shares are rated as a Strong Buy. Belden Inc (NYSE:BDC): The stock opened at $72.14 on Thursday but the bulls could not build on the opening and the stock topped out at $72.32 for the day. The stock traded down to $71.02 during the day, due to lack of any buying support eventually closed down at $71.80 with a loss of -0.06% for the day. The stock had closed at $71.84 on the previous day. The total traded volume was 250,122 shares.
In a related news, Rosenberg Ross, officer (SVP, Bus. Dev. & Strategy) of Belden Inc., unloaded 2,274 shares at an average price of $74 on July 20, 2016. The total amount of the transaction was worth $168,276, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Belden Inc. is a signal transmission solutions provider. The Companys portfolio of signal transmission solutions provides industry secure and reliable transmission of data, sound, and video for mission critical applications. The Company operates in four segments: Broadcast Solutions, which provides production, distribution, and connectivity systems for television broadcast, cable, satellite and IPTV industries; Enterprise Connectivity Solutions, which provides network infrastructure solutions for enterprise customers; Industrial Connectivity Solutions, which provides infrastructure components and connectivity systems for a range of industrial automation applications and Industrial IT Solutions, which provides mission-critical networking systems. Its brands include Belden, Alpha Wire, Mohawk, West Penn Wire, Hirschmann, SignalTight, GarrettCom, Poliron, Tofino, PPC, Grass Valley, ProSoft Technology and Tripwire. It sells products to distributors, end-users, installers and OEMs.