In a report released on October 16, William Stein from Truist Financial maintained a Buy rating on Amphenol (APH – Research Report), with a price target of $101.00. The company’s shares closed yesterday at $81.54.
Stein covers the Technology sector, focusing on stocks such as Broadcom, Intel, and Monolithic Power. According to TipRanks, Stein has an average return of 23.6% and a 71.80% success rate on recommended stocks.
Amphenol has an analyst consensus of Strong Buy, with a price target consensus of $97.14, representing a 19.13% upside. In a report released on October 16, Bank of America Securities also reiterated a Buy rating on the stock with a $100.00 price target.
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APH market cap is currently $49.9B and has a P/E ratio of 27.21.
Based on the recent corporate insider activity of 24 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. Last month, Gavelle Jean-Luc, the President of APH sold 176,186.00 shares for a total of $15,546,652.64.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Amphenol (APH) Company Description:
Connecticut-based Amphenol Corp. designs, manufactures, and markets electrical, electronic, and fiber optic connectors. It operates through two segments: Interconnect Products and Assemblies; and Cable Products and Solutions.
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