TE Connectivity Ltd. (NYSE:TEL) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.92 by 6 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Goldman Sachs downgrades the rating on TE Connectivity Ltd. (NYSE:TEL). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency lowers the price target from $70 per share to $66 per share. The rating by the firm was issued on May 9, 2016.
TE Connectivity Ltd. (NYSE:TEL): The mean estimate for the short term price target for TE Connectivity Ltd. (NYSE:TEL) stands at $68 according to 6 Analysts. The higher price target estimate for the stock has been calculated at $77 while the lower price target estimate is at $64.
TE Connectivity Ltd. (NYSE:TEL) rose 0.46% or 0.28 points on Tuesday and made its way into the gainers of the day. After trading began at $61.58 the stock was seen hitting $61.83 as a peak level and $61.25 as the lowest level. The stock ended up at $61.77. The daily volume was measured at 1,374,193 shares. The 52-week high of the share price is $69.73 and the 52-week low is $51.7. The company has a market cap of $22,090 million.
Shares of TE Connectivity Ltd. rose by 2.27% in the last five trading days and 6.81% for the last 4 weeks. TE Connectivity Ltd. is up 0.1% in the last 3-month period. Year-to-Date the stock performance stands at -4.4%.
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.