Wells Fargo Keeps Their Hold Rating on Floor & Decor Holdings Inc


In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Floor & Decor Holdings Inc (NYSE: FND), with a price target of $50. The company’s shares opened today at $49.87.

According to TipRanks.com, Fadem is a 3-star analyst with an average return of 5.4% and a 67.3% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Advance Auto Parts, and Michaels Companies.

Currently, the analyst consensus on Floor & Decor Holdings Inc is Hold and the average price target is $56, representing a 12.3% upside.

In a report issued on April 24, Stifel Nicolaus also downgraded the stock to Hold with a $60 price target.

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The company has a one-year high of $58.28 and a one-year low of $32.72. Currently, Floor & Decor Holdings Inc has an average volume of 697.1K.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock.

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Floor & Decor Holdings, Inc. engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls.

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