Evercore ISI analyst Amit Daryanani maintained a Buy rating on Amphenol on Friday, setting a price target of $77, which is approximately 10.08% above the present share price of $69.95.
Daryanani expects Amphenol to post earnings per share (EPS) of $0.55 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Amphenol, with an average price target of $76.63.
The analysts price targets range from a high of $82 to a low of $70.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.38 billion and a net profit of $464.8 million. The company's market cap is $41.8 billion.
According to TipRanks.com, Evercore ISI analyst Amit Daryanani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.5% and a 68.77% success rate.
Connecticut-based Amphenol Corp (NYSE:APH). designs, manufactures, and markets electrical, electronic, and fiber optic connectors. It operates through two segments: Interconnect Products and Assemblies; and Cable Products and Solutions.