In a report released on November 2, Luke Junk from Robert W. Baird maintained a Hold rating on Littelfuse (LFUS – Research Report), with a price target of $230.00. The company’s shares closed yesterday at $203.84.
Junk covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Autoliv, and BorgWarner. According to TipRanks, Junk has an average return of -5.6% and a 36.11% success rate on recommended stocks.
Littelfuse has an analyst consensus of Hold, with a price target consensus of $223.67, implying a 9.73% upside from current levels. In a report released yesterday, Cowen & Co. also downgraded the stock to a Hold with a $225.00 price target.
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The company has a one-year high of $332.62 and a one-year low of $192.19. Currently, Littelfuse has an average volume of 108K.
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Littelfuse, Inc. engages in supplying of circuit protection products for the electronics, automotive and electrical industries. The company offers electromechanical and electronic switch and control devices for commercial and specialty vehicles and sensors for automobile safety systems. It operates through the following segments: Electronics, Automotive, and Industrial. The Electronics segment includes the broadest and deepest portfolio of overvoltage and overcurrent solutions. The Automotive segment maintains a direct sales force to service all the major automotive OEMs and system suppliers domestically. The Industrial segment consists of power fuses and holders, protection relays and controls and other circuit protection products for use in various industrial applications such as oil, gas, mining, alternative energy, electric vehicle infrastructure, non-residential construction, HVAC systems, elevators and other industrial equipment. The company was founded by Edward V. Sundt in 1927 and is headquartered in Chicago, IL.
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