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Stock Insights on Amphenol Corporation (NYSE:APH)

January 12
12:37 2015

[WKRB] Amphenol Corporation (NYSE:APH) (TREND ANALYSIS) has earned an “A-” credit rating from Morningstar. The research firm’s “A-” rating suggests that the company is a low default risk. They also gave their stock a one star rating.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Amphenol from $54.00 to $59.00 in a research note on Wednesday, December 10th. They now have a “top pick” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Amphenol in a research note on Monday, October 27th. They now have a $51.00 price target on the stock. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $52.38.

Stock Performance: Click here for a free comprehensive Trend Analysis Report

Taking a look at the company’s recent performance, Amphenol Corporation (APH) reported third quarter earnings for fiscal year 2014 on October 22nd. The company reported actual earnings per share of $0.58 against the consensus Street estimate of $0.57. Amphenol Corporation (APH) posted revenue of $1.36 billion against estimates of $1.34 billion.

Amphenol Corporation (NYSE:APH) is currently valued at $16.59 billion and closed the last trading session at $53.60. The stock has a 50-day moving average of $ 53.55 and a 200-day moving average of $50.68.

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There are currently eight analysts that we track that cover the stock. Of those eight, three have a Buy rating, one has a Strong Buy rating and four have a Hold rating. On a consensus basis this yields a score of 2.63 and a Buy. The combined price objective of these covering analysts is $51.75, which represents a 3.45% downside difference to the last closing price.

The most recent analyst activity consisted of Zacks reiterating their neutral stance on the company. Zacks has a price target of $51.00. On the date of the report, the stock closed at $48.37.

Another research firm weighing in recently was RBC Capital who boosted price target on the stock. On September 19th RBC Capital upgraded their price target on the stock from $53.50 to $54.00, or a 0.74% downside to the current price. On the day of the report, APH shares closed at $103.92.

Company Profile

Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors; interconnect systems, antennas, sensors, and sensor-based products; and coaxial and specialty cables worldwide. The company’s Interconnect Products and Assemblies segment produces connectors and connector systems, including fiber optic, harsh environment, high speed, and radio frequency interconnect products and antennas; power interconnect products, bus bars, and distribution systems; and other connectors. It also offers value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and other products comprising antennas, printed circuit boards, hinges, installation accessories, molded parts, sensors and sensor-based products, switches, and touch panels and lenses.

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Paul Cole

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