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TE Connectivity (TEL) Stock Forecast & Price Target

TE Connectivity logo
$147.88 +0.93 (+0.63%)
(As of 11/20/2024 ET)

TE Connectivity - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
6
Buy
5

Based on 12 Wall Street analysts who have issued ratings for TE Connectivity in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 6 have given a hold rating, and 5 have given a buy rating for TEL.

Consensus Price Target

$159.55
7.89% Upside
According to the 12 analysts' twelve-month price targets for TE Connectivity, the average price target is $159.55. The highest price target for TEL is $180.00, while the lowest price target for TEL is $137.00. The average price target represents a forecasted upside of 7.89% from the current price of $147.88.
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TEL Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
6 Hold rating(s)
8 Hold rating(s)
8 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$159.55$161.82$158.45$143.63
Forecasted Upside7.89% Upside10.23% Upside3.51% Upside9.36% Upside
Consensus Rating
Hold
Hold
Hold
Hold

TEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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TE Connectivity Stock vs. The Competition

TypeTE ConnectivityComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.33
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside7.89% Upside551.74% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent TEL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/31/2024Hsbc Global Res
0 of 5 stars
S. Bersey
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DowngradeHold ➝ Moderate Sell
10/31/2024HSBC
2 of 5 stars
 DowngradeHold ➝ Reduce$137.00-9.77%
10/9/2024Bank of America
4 of 5 stars
 Lower TargetBuy ➝ Buy$173.00 ➝ $165.00+11.86%
10/1/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$189.00 ➝ $179.00+21.00%
9/20/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$155.00 ➝ $153.00+3.71%
9/5/2024Wolfe Research
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E. Rosner
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UpgradePeer Perform ➝ Outperform
7/25/2024Truist Financial
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 Boost TargetHold ➝ Hold$151.00 ➝ $156.00-0.19%
7/25/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$162.00 ➝ $170.00+8.38%
7/23/2024Vertical Research
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K. Mccarthy
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Initiated CoverageHold$155.00+1.35%
4/25/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$170.00 ➝ $169.00+20.56%
4/9/2024Jefferies Financial Group
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 Initiated CoverageBuy$180.00+24.33%
1/25/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$140.00 ➝ $145.00+0.80%
1/5/2024Citigroup
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 Initiated CoverageNeutral$146.00+10.22%
10/6/2023TD Cowen
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 UpgradeMarket Perform ➝ Outperform$115.00 ➝ $140.00+15.77%
6/20/2023Credit Suisse Group
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 Boost Target$138.00 ➝ $150.00+10.58%
5/5/2023Evercore ISI
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 UpgradeIn-Line ➝ Outperform$130.00 ➝ $150.00+25.70%
12/6/2022Oppenheimer
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:06 AM ET.


Should I Buy TE Connectivity Stock? TEL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these TE Connectivity pros and cons to contact@marketbeat.com.

TE Connectivity
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in TE Connectivity Ltd.:

  • TE Connectivity Ltd. has a market cap of $44.33 billion, indicating a strong presence and stability in the market.
  • Insider selling activity has been reported, potentially signaling confidence in the company's future performance.
  • TE Connectivity Ltd. has received positive analyst ratings, with a consensus target price of $160.42, suggesting growth potential.
  • The stock price of TE Connectivity Ltd. has shown resilience, trading at $145.87 on the latest trading day, indicating stability.
  • Recent upgrades by financial institutions like Truist Financial and Robert W. Baird could indicate positive sentiment towards the company's prospects.

TE Connectivity
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in TE Connectivity Ltd. for these reasons:

  • Despite positive analyst ratings, there have been recent downgrades by institutions like Wells Fargo & Company, potentially signaling concerns.
  • Insider selling activity, including by CFO Heath A. Mitts and SVP Robert J. Ott, could raise questions about the company's future performance.
  • The stock has a beta of 1.33, indicating higher volatility compared to the market average, which may pose risks for investors.
  • TE Connectivity Ltd. has a P/E ratio of 13.34, which may suggest the stock is currently overvalued based on its earnings.
  • While the company has a 52-week high of $159.98, the stock has not shown significant growth potential in recent periods.

TEL Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for TE Connectivity is $159.55, with a high forecast of $180.00 and a low forecast of $137.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TE Connectivity in the last twelve months. There is currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TEL, but not buy additional shares or sell existing shares.

According to analysts, TE Connectivity's stock has a predicted upside of 7.89% based on their 12-month stock forecasts.

Over the previous 90 days, TE Connectivity's stock had 2 downgrades and 1 upgrade by analysts.

TE Connectivity has been rated by research analysts at Bank of America, Hsbc Global Res, HSBC, The Goldman Sachs Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like TE Connectivity less than other "computer and technology" companies. The consensus rating for TE Connectivity is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how TEL compares to other companies.


This page (NYSE:TEL) was last updated on 11/21/2024 by MarketBeat.com Staff
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