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BidaskClub downgraded Amphenol Corporation (NYSE:APH) to Buy in a report released today.

BidaskClub has downgraded Amphenol Corporation (NYSE:APH) to Buy in a report released on 6/21/2017.

Previously on 6/13/2017, Zacks Investment Research reported on Amphenol Corporation (NYSE:APH) increased the target price from $0.00 to $84.00. At the time, this indicated a possible upside of 0.11%.

Yesterday Amphenol Corporation (NYSE:APH) traded -0.49% lower at $74.82. Amphenol Corporation’s 50-day average is $78.86 and its 200-day moving average is $74.25. The last stock close price is up 10.06% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 792,162 shares of the stock were exchanged, down from an average trading volume of 1,139,930

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Amphenol Corporation (NYSE:APH)

Amphenol Corporation has a 52 week low of $61.38 and a 52 week high of $82.30 with a P/E ratio of 27.52 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $62.00 with two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Amphenol Corporation (NYSE:APH)

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions. Its Interconnect Product and Assemblies segment primarily is engaged in designing, manufacturing and marketing a range of connector and connector systems, value-add products, and other products, including antennas and sensors, used in a range of applications in various set of end markets. Its Cable Products and Solutions segment primarily engages in designing, manufacturing and marketing cables, value-added products and components for use primarily in the broadband communications and information technology markets. It designs, manufactures and assembles its products at facilities in the Americas, Europe, Asia, Australia and Africa.

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