Amphenol Corp (APH) Gets a Buy Rating from Merrill Lynch


In a report released today, Wamsi Mohan from Merrill Lynch maintained a Buy rating on Amphenol Corp (APH), with a price target of $111. The company’s shares closed yesterday at $105.38, close to its 52-week high of $105.51.

According to TipRanks.com, Mohan is a 4-star analyst with an average return of 9.3% and a 59.3% success rate. Mohan covers the Consumer Goods sector, focusing on stocks such as Pure Storage Inc, Western Digital, and Seagate Tech.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Amphenol Corp with a $109.50 average price target.

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The company has a one-year high of $105.51 and a one-year low of $74.95. Currently, Amphenol Corp has an average volume of 1.07M.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. Last month, Martin Booker, the VP & Grp General Mgr, AIPG of APH sold 44,000 shares for a total of $4,146,120.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Amphenol Corp. engages in the design, manufacture, and marketing of interconnect products. It operates through the Interconnect Products and Assemblies; and Cables Products and Solutions segments.

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