The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the industrial machinery & equipment peer group is "buy".
Wall Street's median 12-month price target for Mueller Industries Inc is $74.75, about 26.8% above its July 20 closing price of $58.97.
The stock recently traded at 7 times the next 12-month earnings versus a P/E of 8 three months ago.