Brokerage Firm Rating Update on Flextronics International Ltd. (FLEX)

Flextronics International Ltd. (FLEX) : 8 analysts are covering Flextronics International Ltd. (FLEX) and their average rating on the stock is 1.38, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Flextronics International Ltd. (FLEX) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Flextronics International Ltd. (FLEX) stock is expected to deviate a maximum of $1.82 from the average target price of $13.72 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $16 and the most muted being $10.


For the current week, the company shares have a recommendation consensus of Buy.

Flextronics International Ltd. (NASDAQ:FLEX): stock was range-bound between the intraday low of $13.14 and the intraday high of $13.225 after having opened at $13.19 on Wednesdays session. The stock finally closed in the red at $13.19, a loss of -0.45%. The stock remained in the red for the whole trading day. The total traded volume was 4,143,029 shares. The stock failed to cross $13.225 in Wednesdays trading. The stocks closing price on Thursday was $13.21.

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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