TE Connectivity Ltd. (TEL) Shares are Down -2.16%

TE Connectivity Ltd. (TEL) has risen sharply, recording gains of 2.52% in the past 4 weeks. However, the stock has corrected -2.16% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.03% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

TE Connectivity Ltd. (NYSE:TEL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.49 and $58.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.98, notching a gain of 1.46% for the day. The total traded volume was 1,693,420 . The stock had closed at $58.13 on the previous day.

The stock has recorded a 20-day Moving Average of 1.45% and the 50-Day Moving Average is 1.02%. TE Connectivity Ltd. has dropped 0.59% during the last 3-month period . Year-to-Date the stock performance stands at -8.71%.

TE Connectivity Ltd. (TEL) : Average target price received by TE Connectivity Ltd. (TEL) is $67.17 with an expected standard deviation of $4.36. The most aggressive target on the stock is $75, whereas the most downbeat target is $63. 6 financial analysts are currently covering the stock.


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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.