Brooks Automation (BRKS) Receives a Buy from B.Riley FBR

By Carrie Williams

In a report released today, Craig Ellis from B.Riley FBR maintained a Buy rating on Brooks Automation (BRKSResearch Report), with a price target of $54.00. The company’s shares closed last Monday at $38.19.

According to TipRanks.com, Ellis is a 4-star analyst with an average return of 4.4% and a 51.0% success rate. Ellis covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, Skyworks Solutions, and Applied Materials.

Brooks Automation has an analyst consensus of Moderate Buy, with a price target consensus of $46.00.

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Brooks Automation’s market cap is currently $2.81B and has a P/E ratio of 100.32. The company has a Price to Book ratio of 2.43.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BRKS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Brooks Automation, Inc. engages in the provision of automation and cryogenic solutions for multiple markets, including semiconductor capital equipment and life science biological sample management and storage. It operates through the Brooks Semiconductor Solutions Group and Brooks Life Sciences segments.