Oppenheimer analyst Christopher Glynn reiterated a Buy rating on TE Connectivity (TEL) on February 10 and set a price target of $95. The company’s shares opened today at $81.68.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of 6.9% and a 60.5% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.
TE Connectivity has an analyst consensus of Strong Buy, with a price target consensus of $88.75, representing an 8.7% upside. In a report issued on January 29, Cowen & Co. also maintained a Buy rating on the stock with a $95 price target.
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The company has a one-year high of $106 and a one-year low of $69.84. Currently, TE Connectivity has an average volume of 2.19M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock.
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TE Connectivity Ltd. engages in the design and manufacture of connectivity and sensors solutions. It operates through the following segments: Transportation, Industrial, and Communications Solutions. The Transportation Solutions segment offers products that are used in the automotive, commercial transportation, and sensors markets.
