Wells Fargo Reaffirms Their Buy Rating on Amphenol Corp (APH)


Wells Fargo analyst Saravana Raghavan maintained a Buy rating on Amphenol Corp (APH) today. The company’s shares closed last Monday at $101.59, close to its 52-week high of $105.51.

Raghavan has an average return of 10.4% when recommending Amphenol Corp.

According to TipRanks.com, Raghavan is ranked #2739 out of 5575 analysts.

Amphenol Corp has an analyst consensus of Strong Buy, with a price target consensus of $103.25.

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Based on Amphenol Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $280 million. In comparison, last year the company earned revenue of $2.13 billion and had a net profit of $317 million.

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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.

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