Belden Inc (BDC) : 3 brokerage houses believe that Belden Inc (BDC) is a Strong Buy at current levels. Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 3 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.
Belden Inc (BDC) : The most positive equity analysts on Belden Inc (BDC) expects the shares to touch $86, whereas, the least positive believes that the stock will trade at $70 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $81.25 with an expected fluctuation of $7.54 from the mean.
Shares of Belden Inc. rose by 1.91% in the last five trading days and 1.77% for the last 4 weeks. Belden Inc. is up 17.15% in the last 3-month period. Year-to-Date the stock performance stands at 55.84%. Belden Inc (NYSE:BDC): stock turned positive on Tuesday. Though the stock opened at $73.6, the bulls momentum made the stock top out at $74.53 level for the day. The stock recorded a low of $73.4 and closed the trading day at $74.18, in the green by 1.51%. The total traded volume for the day was 178,352. The stock had closed at $73.08 in the previous days trading.
Belden Inc. is a signal transmission solutions provider. The Companys portfolio of signal transmission solutions provides industry secure and reliable transmission of data, sound, and video for mission critical applications. The Company operates in four segments: Broadcast Solutions, which provides production, distribution, and connectivity systems for television broadcast, cable, satellite and IPTV industries; Enterprise Connectivity Solutions, which provides network infrastructure solutions for enterprise customers; Industrial Connectivity Solutions, which provides infrastructure components and connectivity systems for a range of industrial automation applications and Industrial IT Solutions, which provides mission-critical networking systems. Its brands include Belden, Alpha Wire, Mohawk, West Penn Wire, Hirschmann, SignalTight, GarrettCom, Poliron, Tofino, PPC, Grass Valley, ProSoft Technology and Tripwire. It sells products to distributors, end-users, installers and OEMs.