Published On: Wed, Oct 19th, 2016

Methode Electronics, Inc. (NYSE:MEI) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of Methode Electronics, Inc. (NYSE:MEI).

Most recent broker ratings

09/02/2016 – Methode Electronics, Inc. had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 46 price target on the stock.

09/02/2016 – Methode Electronics, Inc. was downgraded to “hold” by analysts at Craig-Hallum. They now have a USD 37 price target on the stock.

06/24/2016 – Methode Electronics, Inc. had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 42 price target on the stock.

03/09/2015 – Methode Electronics, Inc. had its “buy” rating reiterated by analysts at B. Riley. They now have a USD 48 price target on the stock.

11/05/2014 – Methode Electronics, Inc. was downgraded to “neutral” by analysts at Zacks. They now have a USD 43.8 price target on the stock.

08/04/2014 – Methode Electronics, Inc. had its “sell” rating reiterated by analysts at Off Wall Street.

The share price of Methode Electronics, Inc. (NYSE:MEI) was down -7.89% during the last day of trading, with a day high of 35.25. 459215 shares were traded during the last session.

The stock’s 50 day moving average is 34.99 and its 200 day moving average is 32.52. The stock’s market capitalization is 1.19B. Methode Electronics, Inc. has a 52-week low of 23.83 and a 52-week high of 37.25.

Methode Electronics, Inc. (Methode) is a manufacturer of component and subsystem devices. The Company designs, manufactures and markets devices employing electrical, radio remote control, electronic, wireless and sensing technologies. The Company operates through segments, including Automotive, Interface, Power Products and Other. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers (OEMs). The Interface segment provides a range of copper and fiber-optic interface and interface solutions. The Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, such as PowerRail solution, high-current low voltage flexible power cabling systems and powder coated bus bars. The Other segment includes medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions.