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    Welbilt Inc.

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    $WBT
    Diversified Manufacture
    Industrials

    Welbilt, Inc., designs, manufactures, and supplies foodservice equipment for commercial foodservice market worldwide. The company offers commercial upright and undercounter refrigerators and freezers, blast freezers and chillers, and cook-chill systems under the Delfield brand; and walk-in refrigerators, coolers and freezers, and prefabricated cooler and freezer panels under the Kolpak brand. It also provides traditional, combination, convection, conveyor, and rapid-cooking ovens, and range and grill products under the Convotherm, Garland, Lincoln, and Merrychef brands; fryers and frying systems under the Frymaster brand; and steam equipment under the Cleveland brand. In addition, the company offers cafeteria and buffet equipment stations, bins, boxes, warming cabinets, warmers, display and deli cases, and insulated and refrigerated salad and food bars under the Delfield, Merco, and other brand names; beverage dispensers, blended ice machines, ice/beverage dispensers, beer coolers, post-mix dispensing valves, backroom equipment, and support system components and related equipment; ice machines under the Manitowoc and other brand names; coffee equipment under the Crem brand name; and other beverage-related products under the Multiplex and Manitowoc brand names. Further, it provides after-market parts, and installation and start-up, and preventative maintenance services; spare parts supply for Welbilt products under the KitchenCare brand; designed kitchens under FitKitchen brand; and KitchenConnect, a cloud based-application. It supplies its products to full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions through dealers and distributors. The company was formerly known as Manitowoc Foodservice, Inc. and changed its name to Welbilt, Inc. in February 2017. Welbilt, Inc. was founded in 1864 and is headquartered in New Port Richey, Florida.

    IPO Year: 2016

    Exchange: NYSE

    Website: welbilt.com

    Peers

    $MTW

    Recent Analyst Ratings for Welbilt Inc.

    DatePrice TargetRatingAnalyst
    7/15/2021$20.00 → $24.00Overweight → Equal-Weight
    Barclays
    7/2/2021Buy → Neutral
    CL King
    See more ratings

    Welbilt Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Welbilt downgraded by Barclays with a new price target

      Barclays downgraded Welbilt from Overweight to Equal-Weight and set a new price target of $24.00 from $20.00 previously

      7/15/21 6:29:12 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Welbilt downgraded by CL King

      CL King downgraded Welbilt from Buy to Neutral

      7/2/21 7:14:14 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Welbilt downgraded by Robert W. Baird with a new price target

      Robert W. Baird downgraded Welbilt from Outperform to Neutral and set a new price target of $26.00

      6/22/21 7:51:56 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Welbilt downgraded by Baird with a new price target

      Baird downgraded Welbilt from Outperform to Neutral and set a new price target of $26.00

      6/22/21 6:29:06 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Citigroup reiterated coverage on Welbilt with a new price target

      Citigroup reiterated coverage of Welbilt with a rating of Neutral and set a new price target of $25.00 from $24.75 previously

      6/2/21 7:33:37 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • BMO Capital reiterated coverage on Welbilt with a new price target

      BMO Capital reiterated coverage of Welbilt with a rating of Market Perform and set a new price target of $25.00 from $17.00 previously

      5/10/21 8:05:27 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Welbilt downgraded by Keybanc

      Keybanc downgraded Welbilt from Overweight to Sector Weight

      4/22/21 6:12:21 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Citigroup reiterated coverage on Welbilt with a new price target

      Citigroup reiterated coverage of Welbilt with a rating of and set a new price target of $19.00 from $13.00 previously

      3/11/21 10:28:31 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • BMO Capital Markets reiterated coverage on Welbilt with a new price target

      BMO Capital Markets reiterated coverage of Welbilt with a rating of Market Perform and set a new price target of $17.00 from $8.50 previously

      3/1/21 7:31:08 AM ET
      $WBT
      Diversified Manufacture
      Industrials
    • Robert W. Baird reiterated coverage on Welbilt with a new price target

      Robert W. Baird reiterated coverage of Welbilt with a rating of and set a new price target of $18.00 from $17.00 previously

      2/26/21 1:47:59 PM ET
      $WBT
      Diversified Manufacture
      Industrials