In a report released today, Matthew Sheerin from Stifel Nicolaus maintained a Hold rating on TE Connectivity (TEL – Research Report), with a price target of $145.00. The company’s shares closed yesterday at $143.63.
Sheerin covers the Technology sector, focusing on stocks such as Insight Enterprises, Celestica, and Jabil. According to TipRanks, Sheerin has an average return of 15.8% and a 69.38% success rate on recommended stocks.
In addition to Stifel Nicolaus, TE Connectivity also received a Hold from CFRA’s Ken Leon in a report issued yesterday. However, on the same day, Bank of America Securities reiterated a Buy rating on TE Connectivity (NYSE: TEL).
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The company has a one-year high of $146.83 and a one-year low of $114.48. Currently, TE Connectivity has an average volume of 1.63M.
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TE Connectivity (TEL) Company Description:
Switzerland-based TE Connectivity Ltd. designs, manufactures and sells connectivity and sensor solutions. The company, which was founded in 2000, operates through the following segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
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