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Belden Inc has a consensus price target of $108 based on the ratings of 7 analysts. The high is $124 issued by Truist Securities on August 2, 2024. The low is $86 issued by Jefferies on November 22, 2022. The 3 most-recent analyst ratings were released by Benchmark, Truist Securities, and Vertical Research on August 2, 2024, August 2, 2024, and July 23, 2024, respectively. With an average price target of $116.33 between Benchmark, Truist Securities, and Vertical Research, there's an implied 17.28% upside for Belden Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Belden (NYSE:BDC) was reported by Benchmark on August 2, 2024. The analyst firm set a price target for $115.00 expecting BDC to rise to within 12 months (a possible 15.94% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Belden (NYSE:BDC) was provided by Benchmark, and Belden maintained their buy rating.
The last upgrade for Belden Inc happened on September 5, 2023 when Goldman Sachs raised their price target to $117. Goldman Sachs previously had a neutral for Belden Inc.
There is no last downgrade for Belden.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Belden, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Belden was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.
While ratings are subjective and will change, the latest Belden (BDC) rating was a maintained with a price target of $110.00 to $115.00. The current price Belden (BDC) is trading at is $99.19, which is out of the analyst’s predicted range.
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