Published On: Wed, Oct 19th, 2016

Mueller Industries, Inc. (NYSE:MLI) Analyst Review

A number of investment brokers have recently updated their price targets on shares of Mueller Industries, Inc. (NYSE:MLI).

Most recent broker ratings

02/06/2014 – Mueller Industries, Inc. was downgraded to “neutral” by analysts at Buckingham Research. They now have a USD 62 price target on the stock.

11/01/2013 – Mueller Industries, Inc. was downgraded to “neutral” by analysts at Monness Crespi & Hardt. They now have a USD 60 price target on the stock.

The share price of Mueller Industries, Inc. (NYSE:MLI) was up +0.03% during the last day of trading, with a day high of 31.70. 130078 shares were traded during the last session.

The stock’s 50 day moving average is 32.64 and its 200 day moving average is 32.24. The stock’s market capitalization is 1.78B. Mueller Industries, Inc. has a 52-week low of 23.09 and a 52-week high of 35.52.

Mueller Industries, Inc. (Mueller) is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through two segments: Plumbing & Refrigeration and Original Equipment Manufacturers (OEM). Its Plumbing & Refrigeration segment consists of Standard Products (SPD), Great Lakes Copper Ltd. (Great Lakes), European Operations and Mexican Operations. Its OEM segment consists of Industrial Products (IPD) and Engineered Products (EPD). The Company’s products include copper tube and fittings; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic fittings and valves; refrigeration valves and fittings; fabricated tubular products; and steel nipples. The Company also resells imported brass and plastic plumbing valves, malleable iron fittings, faucets and plumbing specialty products. Mueller’s operations are located throughout the United States and in Canada, Mexico, Great Britain, and China.