Brooks Automation (NASDAQ:BRKS) has been upgraded from Neutral to Buy in a report by Citigroup today.
- Updated: October 12, 2016
Citigroup has upgraded Brooks Automation (NASDAQ:BRKS) from Neutral to Buy in a report released on 10/12/2016.
Yesterday Brooks Automation (NASDAQ:BRKS) traded 1.13% higher at $13.26. The company’s 50-day moving average is $13.09 and its 200-day moving average is $11.59. The last stock close price is up 15.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 97,156 shares of the stock were exchanged, down from an average trading volume of 245,192
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Brooks Automation has a 52 week low of $8.33 and a 52 week high of $13.96 The company’s market cap is currently $0.
Also covering Brooks Automation's target, a total of 4 equity analysts have released a ratings update on BRKS. The one year target is $13.45 with one equity analyst rating the company a strong buy, two equity analysts rating the company a buy, 1 firm rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Brooks Automation (NASDAQ:BRKS)
Brooks Automation, Inc. is a global provider of automation, vacuum and instrumentation solutions for multiple markets, including semiconductor manufacturing, technology device manufacturing and life sciences. The Company operates in three segments: Brooks Product Solutions, Brooks Global Services and Brooks Life Science Systems. The Brooks Product Solutions segment provides a variety of products and solutions that enable improved throughput and yield in controlled operating environments. The Brooks Global Services segment provides an extensive range of support services, including repair services, diagnostic support services and installation services in support of the base equipment installed by its Brooks Product Solutions segment. The Brooks Life Science Systems segment provides automated sample management systems for automated cold sample storage, equipment for sample preparation and handling, consumables and parts and support services to a wide range of life science customers.
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