Tech Data Corp (NASDAQ:TECD) has been upgraded to Buy in a statement by Credit Agricole SA earlier today.
- Updated: September 20, 2016
Credit Agricole SA has upgraded Tech Data Corp(NASDAQ:TECD) to Buy in a report released on 9/20/2016.
Yesterday Tech Data Corp (NASDAQ:TECD) traded 0.00% even at $83.80. The company’s 50-day moving average is $76.34 and its two hundred day average is $74.57. The last stock close is up 13.72% from the 200-day average, compared with the S&P 500 which has fallen -0.01% over the same time period. Volume of trade was down over the average, with 3,416 shares of TECD changing hands under the typical 502,475 shares..
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With a total market value of $0.0, Tech Data Corp has a price-earnings of 14 with a one-year low of $57.99 and a 52 week high of $85.58.
A total of 4 brokerages have issued a report on the stock. One firm rate the stock a strong buy, 0 rate the stock a buy, five analyts rate the company a hold, two analysts rate the stock to underperform, and finally 0 brokeragesrate the stock as sell with an average target price of $67.25
General Information About Tech Data Corp (NASDAQ:TECD)
Tech Data Corporation is a wholesale distributor of technology products. The Company serves as a link in the technology supply chain by bringing products from the technology vendors to market, as well as providing its customers with logistics capabilities and services. It operates through the segment of distributing technology products, logistics management and other value-added services. It operates in two geographic segments: the Americas and Europe. It provides resellers training and technical support suite of electronic commerce tools customized shipping documents product configuration or integration services and access to financing programs. Its customers include value-added resellers, direct marketers, retailers and corporate resellers who support the diverse technology needs of end users. It sells its products to customers in approximately 100 countries throughout North America, South America, Europe, and the Middle East and Africa.
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