In a report released today, Christopher Glynn from Oppenheimer maintained a Buy rating on TE Connectivity (NYSE: TEL). The company’s shares closed yesterday at $78.17, close to its 52-week low of $73.70.
According to TipRanks.com, Glynn is a 5-star analyst with an average return of 7.5% and a 55.9% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.
Currently, the analyst consensus on TE Connectivity is a Strong Buy with an average price target of $101.67, which is a 30.1% upside from current levels. In a report issued on October 29, RBC Capital also maintained a Buy rating on the stock with a $103 price target.
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The company has a one-year high of $108.23 and a one-year low of $73.70. Currently, TE Connectivity has an average volume of 1.96M.
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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 Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment offers products that are used in the automotive, commercial transportation, and sensors markets.
