Published On: Wed, Oct 19th, 2016

New Analyst Ratings On The Middleby Corporation (NASDAQ:MIDD)


Recently stock market analysts have updated their consensus ratings on shares of The Middleby Corporation (NASDAQ:MIDD).

Most recent broker ratings

09/06/2016 – Deutsche Bank began new coverage on The Middleby Corporation giving the company a “hold” rating. They now have a USD 123 price target on the stock.

03/03/2016 – The Middleby Corporation had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 116 price target on the stock.

01/13/2016 – The Middleby Corporation was upgraded to “outperform” by analysts at Macquarie.

11/18/2015 – The Middleby Corporation was upgraded to “outperform” by analysts at BMO Capital Markets. They now have a USD 120 price target on the stock.

11/12/2015 – The Middleby Corporation had its “buy” rating reiterated by analysts at Roth Capital. They now have a USD 130 price target on the stock.

05/18/2015 – The Middleby Corporation was upgraded to “buy” by analysts at Zacks. They now have a USD 122 price target on the stock.

05/15/2014 – The Middleby Corporation was upgraded to “buy” by analysts at BB&T Capital Markets. They now have a USD 260 price target on the stock.

05/12/2014 – The Middleby Corporation had its “sell” rating reiterated by analysts at BWS Financial. They now have a USD 160 price target on the stock.

11/07/2013 – The Middleby Corporation had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 230 price target on the stock.

The Middleby Corporation has a 50 day moving average of 123.17 and a 200 day moving average of 118.81. The stock’s market capitalization is 6.77B, it has a 52-week low of 79.11 and a 52-week high of 140.98.

The share price of the company (NASDAQ:MIDD) was up +1.36% during the last trading session, with a high of 118.17 and the volume of The Middleby Corporation shares traded was 191069.

The Middleby Corporation (Middleby) is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates in three segments: the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Company’s Commercial Foodservice Equipment Group segment has a portfolio of cooking and warming equipment, which serves cooking or warming application within a commercial kitchen or foodservice operation. The Company’s Food Processing Equipment Group segment offers a range of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats and baked goods, such as muffins, cookies and bread. The Company’s Residential Kitchen Equipment Group segment manufactures, sells and distributes kitchen equipment for the residential market. The Company’s subsidiary is Middleby Marshall Inc.