Short Term Rating on TE Connectivity Ltd. (TEL)

TE Connectivity Ltd. (TEL) has an average broker rating of 1.92, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

TE Connectivity Ltd. (TEL) : 6 Wall Street analysts covering TE Connectivity Ltd. (TEL) believe that the average level the stock could reach for the short term is $67.5. The maximum price target given is $77 and the minimum target for short term is around $63, hence the standard deviation is calculated at $5.09.

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


TE Connectivity Ltd. (NYSE:TEL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.56 and $58.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $59.19, notching a gain of 1.68% for the day. The total traded volume was 1,389,721 . The stock had closed at $58.21 on the previous day.

TE Connectivity Ltd. (TE Connectivity) is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates its business through three segments: Transportation Solutions, which offers various products, including terminals and connector systems and components, relays, circuit protection devices, sensors, and application tooling, among others; Industrial Solutions, which include terminals and connector systems and components, heat shrink tubing, relays, wire and cable, and Communications Solutions, which include terminals and connector systems and components, circuit protection devices, antennas, relays and heat shrink tubing. It markets its products to manufacturers and distributors in a number of markets, which include automotive, industrial equipment and consumer devices.

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