Sensata Tech Stock Rating Lowered by BMO Capital Markets (ST)
Sensata Tech (NYSE:ST) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. They currently have a $38.00 price objective on the stock. BMO Capital Markets’ target price indicates a potential upside of 1.06% from the company’s current price.
A number of other analysts have also recently weighed in on ST. Analysts at SunTrust initiated coverage on shares of Sensata Tech in a research note to investors on Tuesday, October 8th. They set a “buy” rating on the stock. Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Sensata Tech in a research note to investors on Friday, October 4th. They set an “outperform” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Sensata Tech from $39.00 to $40.00 in a research note to investors on Thursday, October 3rd. They now have an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $40.50.
Shares of Sensata Tech (NYSE:ST) opened at 37.60 on Wednesday. Sensata Tech has a 52-week low of $27.63 and a 52-week high of $41.09. The stock has a 50-day moving average of $38. and a 200-day moving average of $36.65. The company has a market cap of $6.615 billion and a price-to-earnings ratio of 35.47.
Sensata Tech (NYSE:ST) last announced its earnings results on Tuesday, October 29th. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.55. The company had revenue of $498.90 million for the quarter, compared to the consensus estimate of $496.25 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. Analysts expect that Sensata Tech will post $2.12 EPS for the current fiscal year.
Sensata Technologies Holding N.V. (NYSE:ST) is subsidiary of Sensata Investment Company S.
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