Raymond James analyst Bobby Griffin maintained a Buy rating on Leggett & Platt (LEG) today. The company’s shares closed last Monday at $43.52.
According to TipRanks.com, Griffin is a 5-star analyst with an average return of 29.0% and a 63.3% success rate. Griffin covers the Consumer Goods sector, focusing on stocks such as Alimentation Couche Tard, Bed Bath & Beyond, and Williams-Sonoma.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leggett & Platt with a $44.50 average price target.
See today’s analyst top recommended stocks >>
Leggett & Platt’s market cap is currently $5.76B and has a P/E ratio of 25.00. The company has a Price to Book ratio of -6.21.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components; and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring & Textile, and Specialized Products. The Bedding Products segment supplies of products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless steel tubing for the aerospace industry, and serve the construction market with hydraulic cylinders group. The company was founded J. P. Productsand C. B. Platt in 1883 and is headquartered in Carthage, MO.
