In a report released today, James Clement from Buckingham upgraded The Middleby Corp (NASDAQ: MIDD) to Buy, with a price target of $174. The company’s shares closed on Friday at $128.81.
Clement has an average return of 43.0% when recommending The Middleby Corp.
According to TipRanks.com, Clement is ranked #1400 out of 4880 analysts.
The Middleby Corp has an analyst consensus of Hold, with a price target consensus of $125.
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The company has a one-year high of $138.89 and a one-year low of $98.06. Currently, The Middleby Corp has an average volume of 586.7K.
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Middleby Corp. engages in the design, manufacture, marketing, distribution and service of a broad line of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, and Residential Kitchen Equipment Group.
