In a report released today, Jaeson Schmidt from Lake Street maintained a Buy rating on Benchmark Electronics (BHE – Research Report), with a price target of $33.00. The company’s shares closed yesterday at $21.82.
Schmidt covers the Technology sector, focusing on stocks such as inTEST, Shotspotter, and Aware. According to TipRanks, Schmidt has an average return of 8.9% and a 47.76% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Benchmark Electronics with a $33.00 average price target.
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BHE market cap is currently $767.9M and has a P/E ratio of 11.42.
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Benchmark Electronics, Inc. provides integrated electronic manufacturing services, engineering and design services, and precision machining services. The company provides services to original equipment manufacturers of industrial control equipment telecommunication equipment, computers and related products for business enterprises, medical devices, and testing and instrumentation products. Its services include comprehensive and integrated design and manufacturing services and solutions from initial product concept to volume production, including direct order fulfillment and aftermarket services. The company was founded by Cary T. Fu, Steven A. Barton and Donald E. Nigbor in 1979 and is headquartered in Angleton, TX.
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