# The Middleby Corporation – Consensus ‘buy’ rating and 43.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/the-middleby-corporation-consensus-buy-rating-and-43.7-upside-potential/4121130872
- Published: 2023-10-26T12:32:22+01:00
- Author: Charlotte Edwards

**The Middleby Corporation** which can be found using ticker (MIDD) have now 9 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between 180 and 137 calculating the mean target price we have
$166.33. Now with the previous closing price of $115.75 this is indicating there
is a potential upside of 43.7%. Also worth taking note is the 50 day moving average
now sits at $132.27 and the 200 moving average now moves to $141.99. The market 
cap for the company is 6.08B. The stock price for the company is currently 113.35
USD

 The potential market cap would be $8,730,923,810 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 13.59, revenue per share of 75.83
and a 6.61% return on assets.

The Middleby Corporation is a foodservice company. It develops and manufactures 
a line of solutions. Its segments include the Commercial Foodservice Equipment Group,
the Food Processing Equipment Group and the Residential Kitchen Equipment Group.
The Commercial Foodservice Equipment Group segment has a portfolio of foodservice
equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration,
freezing and beverage application within a commercial kitchen or foodservice operation.
The Food Processing Equipment Group segment offers a portfolio of processing solutions
for customers producing protein products, such as bacon, salami, hot dogs, dinner
sausages, poultry and lunchmeats and bakery products, such as muffins, cookies, 
and others. The Residential Kitchen Equipment Group manufactures, sells and distributes
kitchen equipment for the residential market. Its Kitchen Equipment includes cookers,
stoves, cooktops, microwaves, ovens, refrigerators and others.

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