Impact of Brokerage Rating on TE Connectivity Ltd.(TEL)

Many TE Connectivity Ltd.(TEL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Jan 26, 2017 to Buy, Raises Price Target to $ 81 from a previous price target of $75 .TE Connectivity Ltd was Upgraded by Longbow to Buy on Jan 12, 2017. TE Connectivity Ltd was Downgraded by Goldman to Sell on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Terrence R Curtin (President & Director) sold 150,000 shares at 75.03 per share price.On Feb 6, 2017, Mario Calastri (SVP & Treasurer) sold 17,600 shares at 74.65 per share price.On Feb 6, 2017, Eric Resch (Sr VP & Chief Tax Officer) sold 35,550 shares at 74.76 per share price.

TE Connectivity Ltd Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $1.00. The company had revenue of $3063.00 million for the quarter, compared to analysts expectations of $3011.49 million. The companys revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.

TE Connectivity Ltd. (NYSE:TEL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.75 by 6 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.

TE Connectivity Ltd. (NYSE:TEL): The stock price is expected to reach $ 77.5 in the short term. The number of analysts agreeing with this consensus is 6. The higher estimate for the short term price target is at $84 while the lower estimate is at $66. The standard deviation of the price stands at $6.41.

TE Connectivity Ltd. (NYSE:TEL) witnessed a decline in the market cap on Tuesday as its shares dropped 0.03% or 0.02 points. After the session commenced at $75.2, the stock reached the higher end at $75.47 while it hit a low of $74.98. With the volume soaring to 1,302,109 shares, the last trade was called at $75.42. The company has a 52-week high of $76.49. The company has a market cap of $26,796 million and there are 355,292,900 shares in outstanding. The 52-week low of the share price is $54.49.

TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components; network solutions and systems; and wireless systems. The Companys engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets; and wireless systems are applicable for critical communications, radar and defense applications. The Company designs, manufactures and markets products for customers in industries ranging from automotive, appliance, aerospace and defense to telecommunications, computers and consumer electronics. TE Connectivity Ltd. is based in Schaffhausen, Switzerland.

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