Economy

Brooks Automation (BRKS) - Citigroup Raises Target

Brooks Automation had 19 analyst reports since August 14, 2015 according to SRatingsIntel.

The company during the last trade was able to reach a volume of 2.34 million shares. The stock of Brooks Automation, Inc (NASDAQ:BRKS) has "Buy" rating given on Thursday, August 3 by B. Riley & Co. The rating was upgraded by Credit Suisse to "Neutral" on Monday, January 9. The firm has "Buy" rating by Citigroup given on Wednesday, October 12. On Thursday, February 4 the stock rating was maintained by B. Riley & Co with "Buy". Needham has "Buy" rating and $13 target. The rating was maintained by Needham with "Buy" on Thursday, February 2.

The stock decreased 1.24% or $3.07 on November 10, reaching $244.39. The company trades on average around 66501000 shares per market session. The shares price has directed 85.40% toward a higher level throughout previous year and swapped -15.87% toward a weak spot during past one month. In the last earnings report the EPS was $0.89 with 69.83M shares presently outstanding.

Fort L.P. holds 8.18% of its portfolio in Humana Inc for 136,199 shares. Bbr Partners Llc owns 100,050 shares or 5.12% of their United States portfolio. The Georgia-based Vident Investment Advisory Llc has invested 0.65% in the stock.

Current levels places Brooks Automation, Inc.

Valued now at $26.29, the vast majority of Wall Street analysts continue to say it's worth buying. The lowest target is $210.0 while the high is $217.0. This nets out to an increase of 2.06 million shares and is a bullish sign for BRKS. The firm has "Outperform" rating given on Friday, November 11 by Credit Suisse. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 10.35%. Deutsche Bank has "Hold" rating and $216.0 target. The company was downgraded on Tuesday, January 3 by Stifel Nicolaus. (BRKS) to generate earnings per share of $1.35 in 2017. Brooks Automation's revenue was up 8.1% compared to the same quarter past year.

Brooks Automation, Inc., launched on November 14, 1994, is a provider of automation and cryogenic solutions for various applications and markets. The stock has a market capitalization of $2,364.84, a price-to-earnings ratio of 37.25 and a beta of 1.06. The President-Brooks Life Sciences now owns $6,253,237 of the stock per the Form 4 SEC filing. It has a 29.33 P/E ratio. The Company operates through two segments: Brooks Semiconductor Solutions Group and Brooks Life Science Systems.

Investors sentiment decreased to 1.43 in Q2 2017. Its down 0.38, from 1.81 in 2017Q1. Sold All: 21 Reduced: 61 Increased: 66 New Position: 51. Sector Pension Inv Board accumulated 0.01% or 35,919 shares. Alliancebernstein Lp holds 0% or 154,925 shares. Jacobs Levy Equity Incorporated holds 0.02% or 52,026 shares in its portfolio. State Common Retirement Fund has invested 0% in Brooks Automation, Inc (NASDAQ:BRKS). Boston Private Wealth LLC raised its stake in Brooks Automation by 25.4% in the third quarter. Citigroup holds 63,374 shares or 0% of its portfolio. Moreover, Bogle Investment Management L P De has 0.66% invested in the company for 419,603 shares. Pinebridge Limited Partnership invested in 0.03% or 57,359 shares. Among active positions in the latest quarter, 128 holders increased their positions by a total of 7.39 million shares, 104 holders decreased the positions by a total of 6.34 million shares, and 17 holders held their positions.

Granahan Investment Management Inc Ma holds 1.23% of its portfolio in Brooks Automation, Inc for 613,529 shares.

Shares of Brooks Automation, Inc. Profund Limited Liability Corp holds 0.01% in Brooks Automation, Inc (NASDAQ:BRKS) or 11,526 shares. 8 were sells. Insider ownership decreased by a total of 37136 shares, which suggests that BRKS's key executives are feeling less optimistic about the outlook for the stock. About 360,598 shares traded.



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