Zacks: Analysts Set $53.33 Price Target for Alps Electric Co Ltd (NASDAQ:APELY)
Alps Electric Co Ltd (NASDAQ:APELY) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $53.33 for the company, according to Zacks. Zacks has also assigned Alps Electric Co an industry rank of 172 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded Alps Electric Co from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Tuesday, September 13th.
Alps Electric Co (NASDAQ:APELY) opened at 49.93 on Friday. The stock has a market capitalization of $4.89 billion and a PE ratio of 15.24. Alps Electric Co has a 12-month low of $30.72 and a 12-month high of $64.77. The company has a 50-day moving average price of $45.50 and a 200-day moving average price of $40.04.
About Alps Electric Co
Alps Electric Co, Ltd. develops, manufactures and markets approximately 40,000 types of electronic components. The Company’s segments include Electronic components, Automotive Infotainment and Logistics. The Electronic components business involves the development, manufacturing and marketing of a range of electronic components.
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