In a report released yesterday, Mark Delaney from Goldman Sachs maintained a Buy rating on Belden (BDC – Research Report). The company’s shares closed yesterday at $88.91.
Delaney covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Ford Motor, and Rivian Automotive. According to TipRanks, Delaney has an average return of 17.7% and a 58.87% success rate on recommended stocks.
Belden has an analyst consensus of Strong Buy, with a price target consensus of $101.00.
The company has a one-year high of $98.95 and a one-year low of $60.47. Currently, Belden has an average volume of 298.4K.
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Belden (BDC) Company Description:
Belden, Inc. engages in the provision of innovative signal transmission solutions. It operates through the Enterprise Solutions and Industrial Solutions segments. The Enterprise Solutions segment offers network infrastructure solutions, as well as cabling and connectivity solutions for broadcast, commercial audio/video, and security applications. The Industrial Solutions segment includes physical network and fieldbus infrastructure components and on-machine connectivity systems customized to end user, and original equipment manufacturer (OEM) needs. The company was founded by Joseph C. Belden in 1902 and is headquartered in St. Louis, MO.
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