Are Analysts Bullish Brady Corporation (NYSE:BRC) After Last Week?

September 30, 2018 - By Mark Babin

Brady Corporation (NYSE:BRC) LogoInvestors sentiment decreased to 1.46 in 2018 Q2. Its down 0.01, from 1.47 in 2018Q1. It fall, as 7 investors sold Brady Corporation shares while 52 reduced holdings. 31 funds opened positions while 55 raised stakes. 38.02 million shares or 0.63% less from 38.26 million shares in 2018Q1 were reported.
California Public Employees Retirement holds 0.01% or 164,649 shares in its portfolio. Sei Invs holds 309 shares or 0% of its portfolio. Menta Cap Ltd Llc accumulated 14,705 shares or 0.13% of the stock. Peak6 Invests Limited Partnership reported 8,948 shares stake. Principal Financial Grp Inc holds 397,357 shares or 0.01% of its portfolio. Vanguard Gp has 0.01% invested in Brady Corporation (NYSE:BRC) for 5.13M shares. Prudential Financial Incorporated accumulated 81,782 shares. Great West Life Assurance Can stated it has 0.01% in Brady Corporation (NYSE:BRC). Barclays Public Limited Company has 23,184 shares. Stevens Management L P accumulated 0.01% or 8,220 shares. Grantham Mayo Van Otterloo And Ltd invested 0.02% in Brady Corporation (NYSE:BRC). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corporation holds 0.01% of its portfolio in Brady Corporation (NYSE:BRC) for 25,000 shares. Gradient Invests Limited invested in 0% or 19 shares. Td Asset Mngmt has invested 0% of its portfolio in Brady Corporation (NYSE:BRC). Bnp Paribas Arbitrage Sa owns 3,513 shares for 0% of their portfolio.

Since June 15, 2018, it had 0 buys, and 9 insider sales for $6.70 million activity. $472,514 worth of Brady Corporation (NYSE:BRC) shares were sold by Felmer Thomas J. $308,284 worth of Brady Corporation (NYSE:BRC) shares were sold by Bolognini Louis T. Nelligan Helena Regina sold $2.60 million worth of Brady Corporation (NYSE:BRC) on Tuesday, September 18. 13,790 shares were sold by Curran Bentley, worth $546,277. RICHARDSON BRADLEY C had sold 1,000 shares worth $40,605 on Wednesday, June 20.

Brady Corporation (NYSE:BRC) Ratings Coverage

Among 2 analysts covering Brady (NYSE:BRC), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Brady had 3 analyst reports since July 16, 2018 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, September 18 by Sidoti. On Monday, July 16 the stock rating was downgraded by Bank of America to “Underperform”. On Monday, September 17 the stock rating was maintained by Bank of America with “Underperform”. Below is a list of Brady Corporation (NYSE:BRC) latest ratings and price target changes.

18/09/2018 Broker: Sidoti Old Rating: Buy New Rating: Neutral Old Target: $39 Downgrade
17/09/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $40 New Target: $42 Maintain
16/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Underperform Downgrade

The stock increased 0.57% or $0.25 during the last trading session, reaching $43.75. About 183,557 shares traded. Brady Corporation (NYSE:BRC) has risen 14.15% since September 30, 2017 and is uptrending. It has underperformed by 1.47% the S&P500.

Brady Corporation manufactures and supplies identification solutions and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The company has market cap of $2.28 billion. The IDS segment offers safety signs, pipe markers, labeling systems, spill control products, and lockout/tagout devices for facility identification and protection; materials and printing systems for product identification, brand protection labeling, work in process labeling, and finished product identification; and hand-held printers, wire markers, sleeves, and tags for wire identification, as well as software and services for safety compliance auditing, procedure writing, and training. It has a 25.47 P/E ratio. The Company’s products also comprise name tags, badges, lanyards, and access control software for people identification; wristbands and labels for tracking and enhancing the safety of patients in hospitals; and custom wristbands for use in the leisure and entertainment industry, such as theme parks, concerts, and festivals.

More news for Brady Corporation (NYSE:BRC) were recently published by: Seekingalpha.com, which released: “Brady Corporation 2018 Q4 – Results – Earnings Call Slides” on September 13, 2018. Gurufocus.com‘s article titled: “3 Boring Companies Ready to Outperform” and published on September 28, 2018 is yet another important article.

Brady Corporation (NYSE:BRC) Institutional Positions Chart

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