Alps Electric Co Ltd (APELY) Receives Average Recommendation of “Strong Buy” from Brokerages
Alps Electric Co Ltd (NASDAQ:APELY) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price objective of $72.73 for the company, according to Zacks. Zacks has also assigned Alps Electric Co an industry rank of 53 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered shares of Alps Electric Co from a “buy” rating to a “strong sell” rating in a research note on Monday, May 29th.
Shares of Alps Electric Co (NASDAQ:APELY) opened at 55.51 on Wednesday. Alps Electric Co has a 12 month low of $33.62 and a 12 month high of $62.31. The stock has a market capitalization of $5.44 billion and a PE ratio of 17.12. The company’s 50-day moving average is $57.22 and its 200-day moving average is $55.28.
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Alps Electric Co Company Profile
Alps Electric Co, Ltd. develops, manufactures and markets approximately 40,000 types of electronic components. The Company’s segments include Electronic components, Automotive Infotainment and Logistics. The Electronic components business involves the development, manufacturing and marketing of a range of electronic components.
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