UBS Maintains a 'Neutral' on Amphenol (APH); Raising Estimates and Price Target

April 19, 2012 1:13 PM EDT
Get Alerts APH Hot Sheet
Price: $68.11 --0%

Rating Summary:
    4 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade APH Now!
Join SI Premium – FREE
UBS maintains a 'Neutral' on Amphenol (NYSE: APH) price target raised from $55 to $60.

Analyst, Amitabh Passi, said, "1Q (revs up 3.5% q/q, 4.4% y/y, or 1.3% q/q and flat y/y organically), we raise our CY12 Rev/EPS estimates slightly to $4.16b/$3.35 from $4.11b/$3.29. Adjusting for acqs, we foresee CY12 revenues up ~2% org. y/y, vs. flat org. growth y/y in 1Q12. We forecast 2h/1h rev growth of 5%, in-line with APH guidance, and compared to double digit growth in 5 of the past 8 yrs. While there could be upside to FY estimates, we believe current guidance is prudent this early in the year."

For an analyst ratings summary and ratings history on Amphenol click here. For more ratings news on Amphenol click here.

Shares of Amphenol closed at $58.09 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities


Add Your Comment