• Consensus Rating: Moderate Buy
  • Consensus Price Target: $153.43
  • Forecasted Upside: 18.52%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$129.45
▲ +3.55 (2.82%)

This chart shows the closing price for MIDD by one month, three months, or twelve months.

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Analyst Price Target for MIDD

Analyst Price Target is $153.43
▲ +18.52% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Middleby in the last 3 months. The average price target is $153.43, with a high forecast of $170.00 and a low forecast of $118.00. The average price target represents a 18.52% upside from the last price of $129.45.

This chart shows the closing price for MIDD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 8 contributing investment analysts is to moderate buy stock in Middleby. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/1/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
4/1/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/30/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/28/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/26/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/25/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/24/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/22/2024JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$145.00 ➝ $118.00Low
5/9/2024Canaccord Genuity GroupLower TargetBuy ➝ Buy$166.00 ➝ $159.00Low
5/8/2024William BlairUpgradeHoldLow
2/21/2024Canaccord Genuity GroupBoost TargetBuy ➝ Buy$164.00 ➝ $166.00Low
1/11/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$140.00 ➝ $160.00Low
11/9/2023KeyCorpLower TargetOverweight ➝ Overweight$160.00 ➝ $152.00Low
10/25/2023KeyCorpLower TargetOverweight ➝ Overweight$180.00 ➝ $160.00Low
10/18/2023BarclaysLower TargetOverweight ➝ Overweight$177.00 ➝ $160.00Low
10/16/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$158.00 ➝ $137.00Low
10/13/2023CitigroupLower TargetBuy ➝ Buy$160.00 ➝ $155.00Low
9/22/2023CitigroupLower TargetBuy ➝ Buy$166.00 ➝ $160.00Low
9/6/2023Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$173.00Low
8/7/2023BenchmarkLower TargetBuy ➝ Buy$180.00 ➝ $170.00Low
7/18/2023CitigroupBoost TargetBuy$165.00 ➝ $166.00Low
5/15/2023BMO Capital MarketsBoost Target$170.00 ➝ $175.00Low
5/15/2023BenchmarkBoost Target$175.00 ➝ $180.00Low
2/22/2023BenchmarkBoost TargetBuy$170.00 ➝ $175.00Low
2/22/2023KeyCorpBoost TargetOverweight$175.00 ➝ $180.00Low
2/16/2023Canaccord Genuity GroupBoost TargetBuy$162.00 ➝ $176.00Low
1/24/2023Robert W. BairdBoost TargetOutperform$140.00 ➝ $174.00Low
1/13/2023BarclaysBoost TargetOverweight$175.00 ➝ $177.00Low
11/17/2022Canaccord Genuity GroupInitiated CoverageBuy$171.00Low
11/16/2022Canaccord Genuity GroupInitiated CoverageBuyLow
11/15/2022BenchmarkLower Target$170.00Low
11/11/2022Robert W. BairdLower Target$145.00 ➝ $140.00Low
8/25/2022BenchmarkInitiated CoverageBuy$190.00Low
7/22/2022KeyCorpLower TargetOverweight$182.00 ➝ $175.00Low
7/12/2022JPMorgan Chase & Co.Lower TargetNeutral$160.00 ➝ $135.00Low
7/7/2022CitigroupLower Target$180.00 ➝ $160.00N/A
5/16/2022CitigroupLower TargetNA$180.00N/A
5/11/2022Robert W. BairdLower Target$211.00 ➝ $201.00High
5/11/2022KeyCorpLower Target$200.00 ➝ $182.00High
4/26/2022KeyCorpLower TargetOverweight$220.00 ➝ $200.00High
4/4/2022CitigroupLower TargetBuy$215.00 ➝ $190.00Medium
3/28/2022JPMorgan Chase & Co.Lower TargetNeutral$198.00 ➝ $195.00Low
2/23/2022JPMorgan Chase & Co.Boost TargetNeutral$194.00 ➝ $198.00High
1/25/2022KeyCorpBoost TargetOverweight$210.00 ➝ $220.00Medium
1/13/2022BarclaysBoost TargetOverweight$215.00 ➝ $217.00Medium
12/17/2021BarclaysBoost TargetOverweight$200.00 ➝ $215.00Medium
11/15/2021CitigroupBoost TargetBuy$200.00 ➝ $215.00Low
7/14/2021BarclaysBoost TargetPositive ➝ Overweight$195.00 ➝ $200.00Medium
7/6/2021Robert W. BairdBoost TargetOutperform$214.00 ➝ $222.00Low
6/10/2021BarclaysInitiated CoverageOverweight$195.00Low
6/7/2021CitigroupUpgradeNeutral ➝ BuyLow
5/10/2021BMO Capital MarketsBoost TargetOutperform$225.00 ➝ $250.00N/A
5/6/2021Robert W. BairdBoost TargetOutperform$195.00 ➝ $214.00Medium
4/22/2021Jefferies Financial GroupBoost Target$190.00 ➝ $220.00Low
4/22/2021JPMorgan Chase & Co.Boost TargetPositive ➝ Neutral$155.00 ➝ $169.00Medium
4/22/2021CL KingUpgradeNeutral ➝ BuyMedium
4/22/2021KeyCorpBoost TargetOverweight$195.00 ➝ $210.00Medium
4/16/2021Robert W. BairdBoost TargetOutperform$192.00 ➝ $195.00High
3/15/2021KeyCorpBoost TargetOverweight$180.00 ➝ $195.00Medium
3/11/2021CitigroupBoost TargetNeutral$140.00 ➝ $185.00Low
3/9/2021BMO Capital MarketsBoost Target$150.00 ➝ $225.00Low
3/2/2021KeyCorpBoost TargetOverweight$155.00 ➝ $180.00Low
3/1/2021Robert W. BairdBoost 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 TargetOverweight$140.00 ➝ $155.00Low
11/9/2020BMO Capital MarketsBoost TargetPositive ➝ Outperform$120.00 ➝ $150.00High
11/6/2020CL KingDowngradeBuy ➝ NeutralHigh
11/6/2020KeyCorpBoost TargetOverweight$115.00 ➝ $140.00High
8/10/2020BMO Capital MarketsBoost TargetOutperform$95.00 ➝ $120.00Low
7/17/2020CitigroupBoost TargetNeutral$85.00 ➝ $90.00Low
6/29/2020KeyCorpUpgradeSector Weight ➝ Overweight$90.00High
6/18/2020CitigroupBoost TargetNeutral$64.00 ➝ $85.00High
6/2/2020CL KingInitiated CoverageBuy$86.00Low
5/8/2020CitigroupBoost TargetNeutral$54.00 ➝ $64.00High
3/23/2020CitigroupLower TargetNeutral$115.00 ➝ $54.00High
11/7/2019Wellington ShieldsDowngradeGradually Accumulate ➝ HoldLow
8/14/2019CitigroupLower TargetNeutral$138.00 ➝ $125.00Low
8/7/2019Buckingham ResearchSet TargetBuy$153.00Low
(Data available from 6/24/2019 forward)

News Sentiment Rating

1.42 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/27/2023
  • 13 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/27/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/26/2024
  • 16 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/25/2024
  • 18 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/26/2024
  • 10 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/25/2024
  • 14 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
5/25/2024
  • 16 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/24/2024

Current Sentiment

  • 16 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Middleby logo
The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking 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: $129.45
Low: $125.15
High: $129.82

50 Day Range

MA: $133.17
Low: $122.89
High: $145.36

52 Week Range

Now: $129.45
Low: $109.59
High: $161.01

Volume

173,859 shs

Average Volume

416,555 shs

Market Capitalization

$6.96 billion

P/E Ratio

18.03

Dividend Yield

N/A

Beta

1.6

Frequently Asked Questions

What sell-side analysts currently cover shares of Middleby?

The following Wall Street research analysts have issued stock ratings on Middleby in the last twelve months: Barclays PLC, Benchmark Co., Canaccord Genuity Group Inc., Citigroup Inc., Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, StockNews.com, TheStreet, and William Blair.
View the latest analyst ratings for MIDD.

What is the current price target for Middleby?

7 Wall Street analysts have set twelve-month price targets for Middleby in the last year. Their average twelve-month price target is $153.43, suggesting a possible upside of 21.9%. Benchmark Co. has the highest price target set, predicting MIDD will reach $170.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $118.00 for Middleby in the next year.
View the latest price targets for MIDD.

What is the current consensus analyst rating for Middleby?

Middleby currently has 1 sell rating, 1 hold rating and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MIDD.

What other companies compete with Middleby?

Other companies that are similar to Middleby include Evoqua Water Technologies, Welbilt, Dover, IDEX and Snap-on. Learn More about companies similar to Middleby.

How do I contact Middleby's investor relations team?

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 Middleby is www.middleby.com. Learn More about contacing Middleby investor relations.