TE Connectivity Ltd. New Switze – Consensus Indicates Potential 3.3% Upside

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TE Connectivity Ltd. New Switze with ticker code (TEL) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 110 and 86 with the average target price sitting at 98.57. With the stocks previous close at 95.45 this now indicates there is a potential upside of 3.3%. There is a 50 day moving average of 90.74 while the 200 day moving average is 79.49. The market capitalisation for the company is $32,324m. You can visit the company’s website by visiting: http://www.te.com

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensors solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, antennas, relays, application tooling, wires, and heat shrink tubing products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; heat shrink tubing; relays; and wires and cables for industrial equipment, aerospace, defense, oil and gas, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. TE Connectivity Ltd. sells its products to approximately 140 countries primarily through direct selling to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.

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