Flextronics International Ltd. (FLEX) Receives ‘Analyst’ Rating

Flextronics International Ltd. (FLEX) : Zacks Investment Research ranks Flextronics International Ltd. (FLEX) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.43, which indicates as a Strong Buy.

Flextronics International Ltd. (FLEX) : The highest level Flextronics International Ltd. (FLEX) is projected to reach is $16 for the short term and the lowest estimate is at $12. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $14.31 and the possibility the share price can swing is $1.28.


Flextronics International Ltd. (NASDAQ:FLEX): After opening at $12.9, the stock dipped to an intraday low of $12.86 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.98 and the buying power remained strong till the end. The stock closed at $12.95 for the day, a gain of 0.39% for the day session. The total traded volume was 2,936,924. The stocks close on the previous trading day was $12.9.

Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups. The Company offers a range of design and engineering services that relate to manufacturing (including enclosures, metals, plastic injection molding, precision plastics, machining, and mechanicals), system integration and assembly and test services, materials procurement, inventory management, logistics and after-sales services (including product repair, warranty services, re-manufacturing and maintenance), supply chain management software solutions and component product offerings (including rigid and flexible printed circuit boards and power adapters and chargers).

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