Tempur Sealy (TPX) Gets a Buy Rating from Raymond James


Raymond James analyst Bobby Griffin maintained a Buy rating on Tempur Sealy (TPX) today. The company’s shares closed last Wednesday at $24.70, close to its 52-week high of $25.95.

According to TipRanks.com, Griffin is a 5-star analyst with an average return of 28.3% and a 73.9% success rate. Griffin covers the Consumer Goods sector, focusing on stocks such as Bed Bath & Beyond, Casey’s General, and Leggett & Platt.

Tempur Sealy has an analyst consensus of Strong Buy, with a price target consensus of $29.29.

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The company has a one-year high of $25.95 and a one-year low of $5.50. Currently, Tempur Sealy has an average volume of 2.74M.

Based on the recent corporate insider activity of 49 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 TPX in relation to earlier this year.

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.

Tempur Sealy International, Inc. develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S. and Canada. The International segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Its products include mattresses, adjustable bases, pillows and other sleep and relaxation products. Its brands include Tempur, Tempur-Pedic, Sealy featuring Posturepedic Technology and Stearns & Foster. The company was founded by Robert B. Trussell, Jr. in 1992 and is headquartered in Lexington, KY.

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