Haverty Furniture Cos. Stock Rating Upgraded by Zacks (HVT)
Haverty Furniture Cos. (NYSE:HVT) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, Stock Ratings Network reports. The firm currently has a $33.70 price objective on the stock. Zacks‘ price target would suggest a potential upside of 27.75% from the stock’s previous close.
Shares of Haverty Furniture Cos. (NYSE:HVT) traded down 1.36% on Tuesday, hitting $26.02. The stock had a trading volume of 75,250 shares. Haverty Furniture Cos. has a 52-week low of $16.35 and a 52-week high of $31.67. The stock has a 50-day moving average of $29.61 and a 200-day moving average of $26.94. The company has a market cap of $585.8 million and a P/E ratio of 20.31.
Several other analysts have also recently commented on the stock. Analysts at Thomson Reuters/Verus downgraded shares of Haverty Furniture Cos. from a “buy” rating to a “sell” rating in a research note to investors on Monday, January 27th. One analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $30.90.
Haverty Furniture Companies, Inc (NYSE:HVT) is a specialty retailer of residential furniture and accessories.
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