Morgan Stanley (NYSE:MS) analyst Craig Hettenbach maintained a Hold rating on Te Connectivity Ltd on Monday, setting a price target of $121, which is approximately 2.47% above the present share price of $118.08.
Hettenbach expects Te Connectivity Ltd to post earnings per share (EPS) of $0.70 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in TE Connectivity , with an average price target of $117.5.
The analysts price targets range from a high of $130 to a low of $101.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.26 billion and a net profit of $469 million. The company's market cap is $39.05 billion.
According to TipRanks.com, Morgan Stanley analyst Craig Hettenbach is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 66.87% success rate.
TE Connectivity Ltd (NYSE:TEL). engages in the design and manufacture of connectivity and sensors solutions. It operates through the following segments: Transportation, Industrial, and Communications Solutions. The Transportation Solutions segment offers products that are used in the automotive, commercial transportation, and sensors markets. The Industrial Solutions segment provides products that connect and distribute power, data, and signal. The Communications Solutions segment supplies electronic components for the data and devices and appliances markets. The company was founded in 2000 and is headquartered in Schaffhausen, Switzerland.