Bel Fuse Rating Lowered to Neutral at Sidoti (BELFB)

By admin | 7 years ago

Bel Fuse (NASDAQ: BELFB) was downgraded by research analysts at Sidoti from a “buy” rating to a “neutral” rating in a report released on Monday.

Bel Fuse traded down 6.47% on Monday, hitting $16.90. Bel Fuse has a 1-year low of $13.40 and a 1-year high of $22.18. The company has a market cap of $199.5 million and a price-to-earnings ratio of 153.14.

Other equities research analysts have also recently issued reports about the stock. Analysts at Needham & Company reiterated a “hold” rating on shares of Bel Fuse in a research note to investors on Monday, April 30th. Analysts at Zacks downgraded shares of Bel Fuse from a “neutral” rating to an “underperform” rating in a research note to investors on Saturday, February 18th.

Bel Fuse Inc. (Bel) is a producer of electronic products. The Company is primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission and consumer electronics.

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