Jefferies Stick to Their Buy Rating for Littelfuse By Investing.com – Investing.com

Jefferies Stick to Their Buy Rating for Littelfuse By Investing.com – Investing.com

Jefferies (NYSE:) analyst David Kelley maintained a Buy rating on Littelfuse (NASDAQ:) on Friday, setting a price target of $320, which is approximately 16.64% above the present share price of $274.36.

Kelley expects Littelfuse to post earnings per share (EPS) of $2.41 for the second quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Littelfuse, with an average price target of $290.The analysts price targets range from a high of $320 to a low of $260.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $400.7 million and a net profit of $72.89 million. The company's market cap is $6.74 billion.

According to TipRanks.com, Jefferies analyst David Kelley is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 19.9% and a 69.70% success rate.

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