Brady Corp’s “Buy” Rating Reaffirmed at Panmure Gordon (BRC)
Shares of Brady Corp (NYSE:BRC) traded up 1.32% during mid-day trading on Thursday, hitting $26.85. The stock had a trading volume of 263,832 shares. Brady Corp has a 52-week low of $24.07 and a 52-week high of $33.18. The stock has a 50-day moving average of $26.45 and a 200-day moving average of $26.88. The company’s market cap is $1.374 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Northcoast Research upgraded shares of Brady Corp from a “sell” rating to a “neutral” rating in a research note on Friday, August 29th. Separately, analysts at Robert W. Baird raised their price target on shares of Brady Corp from $28.00 to $29.00 in a research note on Tuesday, July 15th. Finally, analysts at Bank of America upgraded shares of Brady Corp from an “underperform” rating to a “buy” rating in a research note on Friday, June 13th. They now have a $33.00 price target on the stock, up previously from $29.00. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Brady Corp has a consensus rating of “Hold” and an average target price of $32.25.
Brady Corporation (NYSE:BRC) is an international manufacturer of identification solutions and specialty materials that identify and protect premises, products and people.
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