Barrington Research Reiterates Buy Rating on TD SYNNEX
Barrington Research maintained its buy rating on TD SYNNEX with a $325 price target, a 20.76% upside from the current price.
Key Points
- Barrington Research reiterated its buy rating on TD SYNNEX (NYSE:SNX) with a price target of $325.
- Barrington Research's $325 price target implies 20.76% upside from TD SYNNEX Corporation's ($SNX) current $269.12 share price.
- Shares of TD SYNNEX traded near $275.9 on Friday, with a market cap of $22.38 billion and a P/E ratio of 19.92.
- Insiders at TD SYNNEX, including Chair Dennis Polk, have recently sold shares in planned transactions.
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Barrington Research has reiterated its buy rating on TD SYNNEX Corporation (NYSE:SNX), setting a price target of $325. Analyst Vincent Colicchio made the call on June 26, 2026. Shares of TD SYNNEX traded around $275.9 on Friday.
TD SYNNEX Corporation Stock Up 6.0%
Shares of NYSE:SNX traded near $275.9 on Friday. TD SYNNEX has a market cap of about $22.38 billion, with a P/E ratio of 19.92 and a forward P/E of 14.22. The stock has seen a 52-week low of $133.71 and a high of $296.47. Its 50-day moving average is $247.19, while the 200-day moving average is $180.12. The company maintains a current ratio of 1.22 and a quick ratio of 0.67, with a debt-to-equity ratio of 58.73.
$SNX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
TD SYNNEX reported revenue of approximately $65.14 billion, with a revenue growth of 18.1%. The company's earnings per share (EPS) stood at $13.94, with a net margin of 1.51% and a return on equity (ROE) of 11.73%. The next earnings report is expected on June 25, 2026.
Dividend
The company offers an annual dividend rate of $1.92, yielding 0.68%. Its dividend payout ratio is relatively low at 14.99%, indicating a conservative approach to dividend distribution.
Insider Buying and Selling at TD SYNNEX Corporation
Recent insider activity at TD SYNNEX includes planned sales by Dennis Polk, Chair of Hyve Solutions, who sold 2,500 shares on June 15, 2026, at an average price of $284.33. Richard Hume sold 5,000 shares on June 2, 2026, at $280.38, among other planned transactions.
Analysts Set New Price Targets
On June 26, 2026, Barrington Research maintained its buy rating on TD SYNNEX with a $325 price target. Morgan Stanley also maintained a buy rating with a higher target of $374. Goldman Sachs and RBC Capital have set targets of $300 and $315, respectively, all maintaining buy ratings.
About TD SYNNEX Corporation
TD SYNNEX Corporation, headquartered in Fremont, California, is a major distributor and solutions aggregator for the IT ecosystem, operating in the U.S., Europe, and globally. The company provides a range of IT solutions, including personal computing devices, data center technologies, and cloud services. Led by CEO Patrick Zammit, TD SYNNEX employs around 24,000 people worldwide.
Bottom Line
Barrington Research's reiteration of a buy rating underscores confidence in TD SYNNEX's prospects, with a price target suggesting potential upside. Investors often track such analyst ratings to gauge market sentiment. However, it's important to remember that these ratings are based on past data and market conditions that can change.
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