In a report released yesterday, Jonathan Matuszewski from Jefferies assigned a Buy rating to Leslie’s (LESL), with a price target of $40.00. The company’s shares closed last Tuesday at $28.74.
According to TipRanks.com, Matuszewski is a 5-star analyst with an average return of 28.9% and a 79.6% success rate. Matuszewski covers the Consumer Goods sector, focusing on stocks such as Floor & Decor Holdings, Tempur Sealy, and Best Buy Co.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leslie’s with a $32.20 average price target, representing a 9.2% upside. In a report issued on April 28, Guggenheim also maintained a Buy rating on the stock with a $33.00 price target.
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The company has a one-year high of $32.84 and a one-year low of $19.15. Currently, Leslie’s has an average volume of 1.73M.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LESL in relation to earlier this year.
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Leslies Inc is a direct-to-consumer pool and spa care brand offering a comprehensive assortment of more than 30,000 products across chemicals, equipment and parts, cleaning and maintenance equipment, and safety, recreational, and fitness related products. The company offers its products and services for Residential Pool, Residential Spa, Professional Pool, and Commercial Pool consumers.