Wells Fargo analyst Saravana Raghavan maintained a Buy rating on Amphenol (APH) yesterday. The company’s shares closed last Thursday at $118.51.
Raghavan has an average return of 11.3% when recommending Amphenol.
According to TipRanks.com, Raghavan is ranked #2702 out of 7011 analysts.
Amphenol has an analyst consensus of Moderate Buy, with a price target consensus of $123.33, implying a 7.1% upside from current levels. In a report issued on October 19, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $127.00 price target.
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The company has a one-year high of $116.10 and a one-year low of $63.05. Currently, Amphenol has an average volume of 1.34M.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APH in relation to earlier this year.
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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. The Interconnect Products and Assemblies segment comprises connector and connector systems, value-add products, and other products such as antennas and sensors, used in a applications in a diverse set of end markets. The Cable Products and Solutions segment includes value-add products and components for use in the broadband communications and information technology markets as well as certain applications in other markets. Its products include electrical, electronic and fiber optic connectors interconnect systems, antennas, sensors and sensor-based products, and coaxial and high-speed specialty cable. The company was founded by Schmitt J. Arthur in 1932 and is headquartered in Wallingford, CT.
