In a report released yesterday, Tom Hayes from Northcoast Research reiterated a Buy rating on Briggs & Stratton Corp (NYSE: BGG), with a price target of $25. The company’s shares closed yesterday at $20.12.
According to TipRanks.com, Hayes is a 3-star analyst with an average return of 5.4% and a 53.1% success rate. Hayes covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker Inc, IPG Photonics Corporation, and Cognex Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Briggs & Stratton Corp with a $21 average price target.
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The company has a one-year high of $27.34 and a one-year low of $16.26. Currently, Briggs & Stratton Corp has an average volume of 289.7K.
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Briggs & Stratton Corp. engages in the design, manufacture, and distribution of gasoline engines and outdoor powered equipment. It operates through two segments: Engines and Products.