JP Morgan Reiterates Rating on Bel Fuse Inc. $BELFB
Key Points
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JP Morgan reiterated its rating on Bel Fuse Inc. ($BELFB) to a "buy" rating in a recent research note and set a price target of $370, a 24.27% upside from the current price.
Bel Fuse Inc. Stock Up 19.7%
Shares of Bel Fuse Inc. ($BELFB) traded around $297.75 on Saturday, up 19.7% for the day.
Bel Fuse Inc. Earnings
Bel Fuse Inc. Dividend
Analysts Set New Price Targets
About Bel Fuse Inc.
Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits. It operates in three product groups: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. The company's products are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, defence, commercial aerospace, transportation, and e-Mobility industries. It provides power solutions and protection products, including front-end power supplies, board-mount power products, industrial and transportation power products, military, aerospace and defense products, external power products, and circuit protection products. The company offers connectivity solutions, such as expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity products. In addition, it provides magnetic solutions comprising integrated connector modules, power transformers, SMD power inductors and SMPS transformers, and discrete components-ethernet. The company sells its products through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors North America, Europe, Middle East, and Asia. Bel Fuse Inc. was incorporated in 1949 and is headquartered in West Orange, New Jersey.
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