Amphenol Corp. Receives “Hold” Rating from UBS AG (APH)
Amphenol Corp. (NYSE:APH)‘s stock had its “hold” rating reaffirmed by analysts at UBS AG in a research report issued to clients and investors on Monday, Analyst Ratings Network.com reports. They currently have a $70.00 target price on the stock. UBS AG’s price objective points to a potential downside of 9.56% from the company’s current price.
A number of other firms have also recently commented on APH. Analysts at RBC Capital raised their price target on shares of Amphenol Corp. (NYSE:APH) from $85.00 to $86.00 in a research note to investors on Monday. They now have a “top pick” rating on the stock. Separately, analysts at Cantor Fitzgerald initiated coverage on shares of Amphenol Corp. (NYSE:APH) in a research note to investors on Thursday. They set a “hold” rating and a $80.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Amphenol Corp. (NYSE:APH) in a research note to investors on Monday, July 22nd. They now have a $81.00 price target on the stock.
Six equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Amphenol Corp. currently has a consensus rating of “Buy” and an average target price of $78.58.
Shares of Amphenol Corp. (NYSE:APH) traded up 0.83% on Monday, hitting $77.40. The stock had a trading volume of 580,638 shares. Amphenol Corp. has a one year low of $57.42 and a one year high of $85.66. The stock’s 50-day moving average is $76.92 and its 200-day moving average is $76.78. The company has a market cap of $12.319 billion and a price-to-earnings ratio of 21.03.
Amphenol Corp. (NYSE:APH) last announced its earnings results on Thursday, July 18th. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.94 by $0.01. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the company posted $0.86 earnings per share. Amphenol Corp.’s revenue was up 7.1% compared to the same quarter last year. On average, analysts predict that Amphenol Corp. will post $3.78 earnings per share for the current fiscal year.
Amphenol Corporation (NYSE:APH) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and high-speed specialty cable.
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