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Belden Cdt Inc (BDC) [hlAlert]

Rating:
Buy BDC
up 34.86 %

Belden Cdt Inc (BDC) upgraded to Buy with price target $42 by KeyBanc Capital Mkts

Posted on: Thursday,  Dec 9, 2010  10:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy Belden Cdt Inc (NYSE: BDC) on 12/09/2010, when the stock price was $37.11.
Since then, Belden Cdt Inc has gained 34.87% as of 01/20/2016's recent price of $50.05.
If you would have followed this KeyBanc Capital Mkts's recommendation on BDC, you would have gained 34.86% of your investment in 1868 days.

Belden Inc. (Belden), designs, manufactures and markets signal transmission solutions, including cable, connectivity and active components for applications in markets ranging from industrial automation to data centers, broadcast studios and aerospace. The Company produces and sells electronic cables, connectors and other products. It has different cable products within various cable configurations, including copper cables, including shielded and unshielded twisted pair cables, coaxial cables, stranded cables, and ribbon cables; fiber optic cables, which transmit light signals through glass or plastic fibers, and composite cable configurations, which are combinations of multiconductor, coaxial, and fiber optic cables jacketed together or otherwise joined together. In July 2008, the Company completed the acquisition of Trapeze Networks Inc.. During the year ended December 31, 2008, the Company sold its Czech cable assembly operation and a non-strategic portion of the Hirschmann business.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2010 10:25 AM Buy
None
37.11 42.00
as of 12/31/2010
1 Week down  -8.31 %
1 Month down  -6.38 %
3 Months down  -6.38 %
1 YTD down  -6.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/15/2010 3:25 PM Hold
None
24.64

(*) Stock Price at the time of the recommendation.
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