In a report released today, William Stein from Truist Financial maintained a Hold rating on Avnet (AVT – Research Report). The company’s shares closed yesterday at $48.07.
Stein covers the Technology sector, focusing on stocks such as Broadcom, Intel, and Monolithic Power. According to TipRanks, Stein has an average return of 28.0% and a 74.85% success rate on recommended stocks.
Avnet has an analyst consensus of Moderate Sell, with a price target consensus of $40.00.
The company has a one-year high of $50.85 and a one-year low of $39.39. Currently, Avnet has an average volume of 583.2K.
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Avnet (AVT) Company Description:
Avnet, Inc. engages in the distribution and sale of electronic components. It operates through the Electronics Components and Farnell segments. The Electronics Components segment markets and sells semiconductors, interconnect, passive and electromechanical devices, and integrated components. The Farnell segment involves in the distribution of electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ.
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