Mattress Firm Holding Corp Rating Reiterated by Citigroup Inc. (MFRM)
Mattress Firm Holding Corp (NASDAQ:MFRM)‘s stock had its “buy” rating restated by analysts at Citigroup Inc. in a research report issued to clients and investors on Tuesday. They currently have a $65.00 price objective on the stock, up from their previous price objective of $63.00. Citigroup Inc.’s price objective points to a potential upside of 13.46% from the company’s current price.
Mattress Firm Holding Corp (NASDAQ:MFRM) traded down 0.26% on Tuesday, hitting $57.14. 13,376 shares of the company’s stock traded hands. Mattress Firm Holding Corp has a 1-year low of $29.29 and a 1-year high of $57.99. The stock’s 50-day moving average is $51.07 and its 200-day moving average is $47.07. The company has a market cap of $1.949 billion and a price-to-earnings ratio of 40.37.
MFRM has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Mattress Firm Holding Corp from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 13th. They now have a $58.70 price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Mattress Firm Holding Corp in a research note on Tuesday, August 12th. They now have a $60.00 price target on the stock, up previously from $56.00. Finally, analysts at Raymond James raised their price target on shares of Mattress Firm Holding Corp from $50.00 to $57.50 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $58.40.
Mattress Firm Holding Corp. (NASDAQ:MFRM) is a specialty retailer of mattresses and related products and accessories in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.