Bruker Corporation (BRKR) Receives Analyst Rating

Bruker Corporation (BRKR) : 4 brokerage houses believe that Bruker Corporation (BRKR) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Bruker Corporation (BRKR). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.3.

Bruker Corporation (BRKR) : The highest short term price target forecast on Bruker Corporation (BRKR) is $30 and the lowest target price is $23. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $26.38 with a standard deviation of $2.97.


Also, Equity Analysts at the Wells Fargo downgrades the rating on Bruker Corporation (NASDAQ:BRKR). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on August 3, 2016.

Bruker Corporation (NASDAQ:BRKR): After opening at $22.07, the stock dipped to an intraday low of $21.86 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.42 and the buying power remained strong till the end. The stock closed at $22.27 for the day, a gain of 0.72% for the day session. The total traded volume was 617,569. The stocks close on the previous trading day was $22.11.

Bruker Corporation is a designer and manufacturer of life science and materials research systems and associated products that address the needs of a range of customers in life science research, pharmaceuticals, applied markets, nanotechnology, cell biology, clinical research, microbiology and in-vitro diagnostics. The Company operates through two segments: Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). BSI is organized into three operating segments: the Bruker BioSpin Group, the Bruker CALID Group and the Bruker Nano Group. BEST designs, manufactures and distributes superconducting materials. The company maintains technical and manufacturing centers in Europe and North America, and it has sales offices located throughout the world.

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