NASDAQ:MIDD - The Middleby Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $205.38
  • Forecasted Upside: 27.56 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$161.00
▼ -2.06 (-1.26%)
1 month | 3 months | 12 months
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Analyst Price Target for MIDD

Average Price Target: $205.38
▲ +27.56% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for The Middleby in the last 3 months. The average price target is $205.38, with a high forecast of $250.00 and a low forecast of $169.00. The average price target represents a 27.56% upside from the last price of $161.00.

Buy

The current consensus among 9 polled investment analysts is to buy stock in The Middleby. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/10/2021BarclaysInitiated CoverageOverweight$195.00Low
6/7/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellUpgradeNeutral ➝ Buy$200.00Low
6/7/2021CitigroupUpgradeNeutral ➝ BuyLow
5/10/2021BMO Capital MarketsBoost Price TargetOutperform$225.00 ➝ $250.00N/A
5/6/2021Robert W. BairdBoost Price TargetOutperform$195.00 ➝ $214.00Medium
4/22/2021Jefferies Financial GroupBoost Price Target$190.00 ➝ $220.00Low
4/22/2021JPMorgan Chase & Co.Boost Price TargetPositive ➝ Neutral$155.00 ➝ $169.00Medium
4/22/2021CL KingUpgradeNeutral ➝ BuyMedium
4/22/2021KeyCorpBoost Price TargetOverweight$195.00 ➝ $210.00Medium
4/16/2021Robert W. BairdBoost Price TargetOutperform$192.00 ➝ $195.00High
3/15/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellBoost Price TargetNeutral$140.00 ➝ $185.00Low
3/15/2021KeyCorpBoost Price TargetOverweight$180.00 ➝ $195.00Medium
3/11/2021CitigroupBoost Price TargetNeutral$140.00 ➝ $185.00Low
3/9/2021BMO Capital MarketsBoost Price Target$150.00 ➝ $225.00Low
3/2/2021KeyCorpBoost Price TargetOverweight$155.00 ➝ $180.00Low
3/1/2021Robert W. BairdBoost Price TargetPositive ➝ Outperform$161.00 ➝ $192.00Low
2/25/2021JPMorgan Chase & Co.Initiated CoverageNeutral$140.00Low
1/19/2021Jefferies Financial GroupUpgradeHold ➝ Buy$120.00 ➝ $165.00High
11/18/2020KeyCorpBoost Price TargetOverweight$140.00 ➝ $155.00Low
11/9/2020BMO Capital MarketsBoost Price TargetPositive ➝ Outperform$120.00 ➝ $150.00High
11/6/2020CL KingDowngradeBuy ➝ NeutralHigh
11/6/2020KeyCorpBoost Price TargetOverweight$115.00 ➝ $140.00High
8/10/2020BMO Capital MarketsBoost Price TargetOutperform$95.00 ➝ $120.00Low
7/17/2020CitigroupBoost Price TargetNeutral$85.00 ➝ $90.00Low
6/29/2020KeyCorpUpgradeSector Weight ➝ Overweight$90.00High
6/18/2020CitigroupBoost Price TargetNeutral$64.00 ➝ $85.00High
6/2/2020CL KingInitiated CoverageBuy$86.00Low
5/8/2020CitigroupBoost Price TargetNeutral$54.00 ➝ $64.00High
3/23/2020CitigroupLower Price TargetNeutral$115.00 ➝ $54.00High
11/7/2019Wellington ShieldsDowngradeGradually Accumulate ➝ HoldLow
8/14/2019CitigroupLower Price TargetNeutral$138.00 ➝ $125.00Low
8/7/2019Buckingham ResearchSet Price TargetBuy$153.00Low
4/3/2019Jefferies Financial GroupInitiated CoverageHold$135.00Low
4/3/2019CL KingUpgradeBuy ➝ Strong-Buy$160.00Low
3/8/2019BMO Capital MarketsBoost Price TargetOutperform ➝ Positive$150.00Low
1/22/2019Robert W. BairdUpgradeNeutral ➝ Outperform$142.00Low
11/14/2018Seaport Global SecuritiesUpgradeNeutral ➝ BuyLow
9/24/2018Buckingham ResearchUpgradeNeutral ➝ Buy$115.00 ➝ $174.00Low
8/15/2018CitigroupBoost Price TargetNeutral ➝ Neutral$116.00 ➝ $117.00Low
8/9/2018Wellington ShieldsUpgradeHold ➝ Gradually AccumulateLow
8/9/2018Robert W. BairdBoost Price TargetNeutral ➝ Hold$116.00 ➝ $130.00Medium
6/8/2018CitigroupLower Price TargetNeutral ➝ Neutral$120.00 ➝ $116.00Low
5/24/2018Buckingham ResearchInitiated CoverageNeutral$115.00Low
5/11/2018BMO Capital MarketsReiterated RatingOutperform$130.00Low
5/10/2018Robert W. BairdDowngradeOutperform ➝ Neutral$142.00Low
3/7/2018BMO Capital MarketsReiterated RatingBuy$145.00 ➝ $160.00Low
3/5/2018CitigroupLower Price TargetNeutral ➝ Neutral$150.00 ➝ $132.00Medium
3/1/2018Susquehanna BancsharesSet Price TargetBuy$149.00Medium
3/1/2018Wellington ShieldsDowngradeAccumulate ➝ HoldMedium
1/30/2018CitigroupBoost Price TargetNeutral ➝ Neutral$120.00 ➝ $150.00Low
11/17/2017Deutsche Bank AktiengesellschaftLower Price TargetHold$120.00 ➝ $110.00N/A
11/10/2017CitigroupLower Price TargetNeutral$132.00 ➝ $120.00N/A
11/9/2017BMO Capital MarketsLower Price TargetOutperform$150.00 ➝ $145.00N/A
11/8/2017BMO Capital MarketsReiterated RatingBuy$150.00N/A
9/27/2017Susquehanna BancsharesInitiated CoveragePositive ➝ Positive$141.00Medium
9/7/2017CitigroupReiterated RatingNeutral$130.00Low
8/15/2017MacquarieUpgradeNeutral ➝ Outperform$150.00Low
8/11/2017Robert W. BairdLower Price TargetOutperform$145.00 ➝ $142.00Low
8/11/2017BMO Capital MarketsReiterated RatingBuy$150.00Medium
7/11/2017Wellington ShieldsUpgradeHold ➝ Gradually AccumulateLow
6/29/2017Seaport Global SecuritiesInitiated CoverageNeutral$128.00Low
6/23/2017BMO Capital MarketsReiterated RatingBuy$155.00 ➝ $150.00Low
5/17/2017BMO Capital MarketsReiterated RatingOutperform$160.00 ➝ $155.00Medium
2/13/2017KeyCorpInitiated CoverageOverweight$157.00N/A
1/4/2017William BlairReiterated RatingMarket PerformN/A
12/15/2016MacquarieDowngradeOutperform ➝ Neutral$155.00 ➝ $150.00N/A
9/9/2016Wellington ShieldsUpgradeHold ➝ AccumulateN/A
9/6/2016Deutsche Bank AktiengesellschaftInitiated CoverageHold$123.00N/A
(Data available from 6/20/2016 forward)
The Middleby logo
The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, countertop cooking, and kitchen ventilation equipment; heated cabinets, charbroilers, ventless cooking systems, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; grinders, slicers, reduction and emulsion systems, mixers, blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.
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Today's Range

Now: $161.00
Low: $159.58
High: $161.99

50 Day Range

MA: $171.23
Low: $161.00
High: $183.30

52 Week Range

Now: $161.00
Low: $70.50
High: $186.20

Volume

482,675 shs

Average Volume

765,784 shs

Market Capitalization

$8.96 billion

P/E Ratio

40.05

Dividend Yield

N/A

Beta

1.73

Frequently Asked Questions

What sell-side analysts currently cover shares of The Middleby?

The following Wall Street research analysts have issued stock ratings on The Middleby in the last twelve months: Barclays PLC, BMO Capital Markets, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, CL King, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for MIDD.

What is the current price target for The Middleby?

8 Wall Street analysts have set twelve-month price targets for The Middleby in the last year. Their average twelve-month price target is $205.38, suggesting a possible upside of 27.6%. BMO Capital Markets has the highest price target set, predicting MIDD will reach $250.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $169.00 for The Middleby in the next year.
View the latest price targets for MIDD.

What is the current consensus analyst rating for The Middleby?

The Middleby currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MIDD will outperform the market and that investors should add to their positions of The Middleby.
View the latest ratings for MIDD.

What other companies compete with The Middleby?

How do I contact The Middleby's investor relations team?

The Middleby's physical mailing address is 1400 TOASTMASTER DRIVE, ELGIN IL, 60120. The industrial products company's listed phone number is (847) 741-3300 and its investor relations email address is middlebycorporation.gcs-web.com. The official website for The Middleby is www.middleby.com.