TE Connectivity Ltd. (TEL) Receives Price Target

TE Connectivity Ltd. (TEL) stock is expected to deviate a maximum of $4.36 from the average target price of $67.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $75 and the most muted being $63.

TE Connectivity Ltd. (TEL) : 2 brokerage houses believe that TE Connectivity Ltd. (TEL) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on TE Connectivity Ltd. (TEL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 1.92.


TE Connectivity Ltd. (NYSE:TEL): The stock opened at $63.28 on Thursday but the bulls could not build on the opening and the stock topped out at $63.75 for the day. The stock traded down to $62.79 during the day, due to lack of any buying support eventually closed down at $63.18 with a loss of -0.61% for the day. The stock had closed at $63.57 on the previous day. The total traded volume was 1,242,842 shares.

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.

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