Stifel Nicolaus analyst Matthew Sheerin reiterated a Buy rating on TE Connectivity (NYSE: TEL) on October 25 and set a price target of $100. The company’s shares closed on Friday at $74.86, close to its 52-week low of $73.70.
According to TipRanks.com, Sheerin is a 4-star analyst with an average return of 9.7% and a 61.2% success rate. Sheerin covers the Consumer Goods sector, focusing on stocks such as Vishay Intertechnology, Pure Storage Inc, and Flex Ltd.
TE Connectivity has an analyst consensus of Moderate Buy, with a price target consensus of $102.
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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 1.97M.
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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.
