4 Analysts Have This to Say About Belden
Portfolio Pulse from Benzinga Insights
Belden (NYSE:BDC) has received 4 bullish analyst ratings in the last quarter, with no neutral or bearish ratings. The 12-month price targets for Belden have an average of $97.5, with a high of $115.00 and a low of $79.00. The average price target has seen a slight increase of 0.52% over the past month. Analyst ratings are based on information from company calls, financial statements, and insider conversations, and they provide guidance on stock performance.
December 08, 2023 | 9:00 pm
News sentiment analysis
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POSITIVE IMPACT
Belden has received a unanimously bullish outlook from 4 analysts in the past quarter, with an average 12-month price target of $97.5, indicating a positive sentiment towards the stock.
The unanimous bullish ratings from analysts suggest a strong positive sentiment towards Belden's stock. The slight increase in the average price target over the past month may further bolster investor confidence, potentially leading to a short-term uptick in the stock price.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100