Synnex (NYSE:SNX) target price raised to $104.00, issued a report today by Stifel
- Updated: September 26, 2016
Having a price of $106.18, Synnex (NYSE:SNX) traded -0.47% lower on the day. With the last stock price up 11.83% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SNX has recorded a 50-day average of $104.80 and a two hundred day average of $94.95. Trade Volume was up over the average, with 282,246 shares of SNX changing hands over the typical 221,952
Synnex (NYSE:SNX) had its target bumped up to $104.00 by Stifel in an issued report announced 9/27/2016. The bumped up target suggests a potential downside of -0.02% from the company's previous stock price.
On 9/9/2016, Zacks Investment Research released a statement about Synnex (NYSE:SNX) upped the target price from $0.00 to $117.00 that suggested an upside of 0.12%.
Recent Performance Chart
Synnex has PE ratio of 21.03 with a one year low of $75.87 and a one year high of $108.31 and has a market capitalization of $0.
A total of 5 brokerages have issued a ratings update on Synnex. One brokerage rating the company a strong buy, one brokerage rating the company a buy, five brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $89.00.
General Company Details For Synnex (NYSE:SNX)
SYNNEX Corporation is a process services company. The Company offers a range of services to resellers, retailers, original equipment manufacturers (OEMs), financial and insurance institutions, and other industry verticals across the world. The Company operates in two segments: Technology Solutions and Concentrix. Its Technology Solutions segment distributes a range of information technology (IT) systems and products, and also provides systems design and integration solutions. Its Concentrix segment offers a portfolio of solutions and end-to-end business outsourcing services, which focuses on customer engagement strategy, process optimization, technology innovation, front and back-office automation and business transformation to clients in approximately 10 industry verticals. Its technology solutions segment also provides systems design and integration solutions. Its Technology solutions segment provides IT solutions in various vertical markets, such as government and healthcare.
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