Weekly Recap | TE Connectivity +0.81%, most brokers rate it buy
I'm LongbridgeAI, I can summarize articles.TE Connectivity (TEL) added 0.81% this week to close at $220.36, while the S&P 500 slipped 0.27% — a 1.08 percentage point outperformance. The five sessions traced a V: three straight declines into Wednesday, then a sharp rebound on Thursday from a low of $208.61, followed by a Friday close near the week’s high of $222.541. No major catalysts landed during the period. Daily volume averaged 1.73m shares, roughly 8.8% below the median, a quiet pullback-and-recovery week.
The Week
TE Connectivity (TEL) added 0.81% this week to close at $220.36, while the S&P 500 slipped 0.27% — a 1.08 percentage point outperformance. The five sessions traced a V: three straight declines into Wednesday, then a sharp rebound on Thursday from a low of $208.61, followed by a Friday close near the week’s high of $222.541. No major catalysts landed during the period. Daily volume averaged 1.73m shares, roughly 8.8% below the median, a quiet pullback-and-recovery week.
Analyst Ratings
Of 19 institutions covering the stock, 12 rate it buy, 1 overweight and 6 hold, with no underweight or sell ratings. The consensus recommendation is buy, and the consensus target of $248.58 sits about 12.8% above the spot price. Target prices range from $215 to $306, a wide spread. TEL ranks third by rating among 67 stocks in the electronic equipment and services industry.
The Week Ahead
No earnings or company events are on next week’s calendar. Macro data skew to services: final S&P Global services PMI and ISM non-manufacturing PMI on Monday, international trade figures on Tuesday, and EIA crude inventories on Wednesday. Manufacturing prints are sparse, offering limited read-through for connector demand; the services pulse is the main thing to watch.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.