RBC Capital analyst Joseph Spak maintained a Buy rating on Te Connectivity Ltd on Tuesday, setting a price target of $160, which is approximately 16.27% above the present share price of $137.61.
Spak expects Te Connectivity Ltd to post earnings per share (EPS) of $1.53 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in TE Connectivity , with an average price target of $146.27.
The analysts price targets range from a high of $160 to a low of $135.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.74 billion and a net profit of $635 million. The company's market cap is $45.44 billion.
According to TipRanks.com, RBC Capital analyst Joseph Spak is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.0% and a 56.29% success rate.
Switzerland-based TE Connectivity Ltd (NYSE:TEL). 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.