Zacks Investment Research covered Briggs & Stratton Corporation (NYSE:BGG), bumping its target to $24.00 earlier today
- Updated: November 28, 2016
Yesterday Briggs & Stratton Corporation (NYSE:BGG) traded -0.42% lower at $21.22. The company’s 50-day moving average is $19.44 and its 200-day moving average is $20.35. The last stock close price is up 4.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 242,799 shares of BGG traded hands, down from an average trading volume of 328,941
Zacks Investment Research bumped up the target price of Briggs & Stratton Corporation (NYSE:BGG) to $24.00 indicating a possible upside of 0.13%.
With a total market value of $0, Briggs & Stratton Corporation has PE ratio of 30.66 with a one year low of $15.47 and a one year high of $24.48 .
A total of 4 equity analysts have released a ratings update on BGG. Two equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $23.00.
Brief Synopsis About Briggs & Stratton Corporation (NYSE:BGG)
Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment. The Company designs, manufactures, markets, sells and services the various products for original equipment manufacturers (OEMs) around the world. It also markets and sells related service parts and accessories for its engines. Its subsidiary is a marketer of pressure washers, and it is a designer, manufacturer and marketer of power generation, lawn and garden, turf care and job site products through its Simplicity, Snapper, Snapper Pro, Ferris, PowerBoss, Allmand, Billy Goat, Murray, Branco and Victa brands. It operates in over 100 countries on six continents. It operates through two segments: Engines and Products. Its Engines segment sells engines around the world, primarily to OEMs of lawn and garden equipment and other gasoline engine-powered equipment. Its Products segment designs, manufactures and markets a range of outdoor power equipment, job site products and related accessories.
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