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Analysts Offer Insights on Industrial Goods Companies: Brunswick (BC), The Middleby (MIDD) and Berry Global Group (BERY)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Brunswick (BCResearch Report), The Middleby (MIDDResearch Report) and Berry Global Group (BERYResearch Report) with bullish sentiments.

Brunswick (BC)

In a report issued on November 16, Craig Kennison from Robert W. Baird maintained a Buy rating on Brunswick, with a price target of $100.00. The company’s shares closed last Thursday at $72.57.

According to TipRanks.com, Kennison is a 4-star analyst with an average return of 6.3% and a 51.0% success rate. Kennison covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Camping World Holdings, and Winnebago Industries.

Currently, the analyst consensus on Brunswick is a Strong Buy with an average price target of $93.00, which is a 30.3% upside from current levels. In a report issued on November 9, B.Riley Financial also reiterated a Buy rating on the stock with a $88.00 price target.

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The Middleby (MIDD)

In a report released yesterday, Mircea Dobre from Robert W. Baird maintained a Buy rating on The Middleby, with a price target of $140.00. The company’s shares closed last Thursday at $138.48.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 12.6% and a 52.2% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and John Bean Technologies.

Currently, the analyst consensus on The Middleby is a Strong Buy with an average price target of $152.75, implying a 10.7% upside from current levels. In a report issued on November 10, Benchmark Co. also maintained a Buy rating on the stock with a $170.00 price target.

Berry Global Group (BERY)

In a report issued on November 16, Ghansham Panjabi from Robert W. Baird reiterated a Buy rating on Berry Global Group, with a price target of $68.00. The company’s shares closed last Thursday at $54.67.

According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 6.6% and a 58.1% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and H.B. Fuller Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Berry Global Group with a $65.71 average price target, which is a 26.2% upside from current levels. In a report issued on November 15, Goldman Sachs also maintained a Buy rating on the stock with a $71.00 price target.

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