Zacks Investment Research upgraded Belden Inc. (NYSE:BDC) to Hold in a report released today.
- Updated: March 20, 2017
Zacks Investment Research has upgraded Belden Inc. (NYSE:BDC) to Hold in a report released on 3/20/2017.
Yesterday Belden Inc. (NYSE:BDC) traded -0.27% lower at $70.11. The company’s 50-day moving average is $73.24 and its 200-day moving average is $71.90. The last closing price is down -2.76% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 376,615 shares of the stock traded hands, up from an average trading volume of 343,346
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Belden Inc. has a 52 week low of $54.97 and a 52 week high of $81.33 with a P/E ratio of 26.38 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a report on the company. The average stock price target is $69.80 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Belden Inc. (NYSE:BDC)
Belden Inc. is a signal transmission solutions provider company. The Company operates through five segment: Broadcast Solutions (Broadcast), Enterprise Connectivity Solutions (Enterprise), Industrial Connectivity Solutions (Industrial Connectivity), Industrial IT Solutions (Industrial IT), and Network Security Solutions (Network Security). The segments design, manufacture, and market a portfolio of signal transmission solutions for applications used in a variety of end markets, including broadcast, enterprise, and industrial. The Company's portfolio of signal transmission solutions provides transmission of data, sound, and video for various applications. The Company's sells its products to distributors, end users, installers, and to original equipment manufacturers (OEMs). The Company has manufacturing facilities in the United States, other manufacturing and operating facilities in Brazil, Canada, China, Japan, Mexico, and St. Kitts, as well as in various countries in Europe.
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