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The Middleby Corp has a consensus price target of $173.91 based on the ratings of 12 analysts. The high is $227 issued by Baird on January 28, 2025. The low is $145 issued by JP Morgan on February 3, 2025. The 3 most-recent analyst ratings were released by JP Morgan, Baird, and Keybanc on February 3, 2025, January 28, 2025, and January 27, 2025, respectively. With an average price target of $185.67 between JP Morgan, Baird, and Keybanc, there's an implied 11.13% upside for The Middleby Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Middleby (NASDAQ:MIDD) was reported by JP Morgan on February 3, 2025. The analyst firm set a price target for $145.00 expecting MIDD to fall to within 12 months (a possible -13.21% downside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Middleby (NASDAQ:MIDD) was provided by JP Morgan, and Middleby maintained their underweight rating.
There is no last upgrade for Middleby
The last downgrade for The Middleby Corp happened on December 12, 2024 when Jefferies changed their price target from $170 to $160 for The Middleby Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Middleby, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Middleby was filed on February 3, 2025 so you should expect the next rating to be made available sometime around February 3, 2026.
While ratings are subjective and will change, the latest Middleby (MIDD) rating was a maintained with a price target of $134.00 to $145.00. The current price Middleby (MIDD) is trading at is $167.07, which is out of the analyst’s predicted range.
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