A statement released earlier today by Raymond James Financial Inc. about Mattress Firm Holding Corp (NASDAQ:MFRM) bumps the target price to $64.00
- Updated: September 17, 2016
Mattress Firm Holding Corp (NASDAQ:MFRM) had its price target increased to $64 by Raymond James Financial Inc. in a report announced Monday August 22 2016. The updated target price indicates a possible persistent performance relative to the company’s previous stock close price.
On 8/16/2016, Citigroup released a statement on Mattress Firm Holding Corp(NASDAQ:MFRM) bumped the target price from $30.00 to $64.00 that indicated a possible upside of 0.00%.
Displaying a price of $63.92, Mattress Firm Holding Corp (NASDAQ:MFRM) traded 0.02% lower on the day. The last stock price close is up 53.24% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. MFRM has logged a 50-day average of $55.06 and two hundred day average of $41.78. 573,013 shares of Mattress Firm Holding Corp exchanged hands, down from ann avg. volume of 622,283
Recent Performance Graphic:
Mattress Firm Holding Corp has a one-year low of $27.18 and a one-year high of $64.27 . Mattress Firm Holding Corp’s market capitalization is presently $0.0.
A total of 8 analysts have reported on Mattress Firm Holding Corp. Zero rate the stock a strong buy, 0 rate the company a buy, 0 firms rate the company a hold, 0 rate the company to underperform, and finally 0 analystsrate the company as sell with a consensus target stock price of $35.88
More About Mattress Firm Holding Corp (NASDAQ:MFRM)
Mattress Firm Holding Corp. is a holding company. The Company is a specialty retailer of mattresses and related products and accessories in the United States. It operates through two segments: retail operations and franchise operations. The retail operations segment includes Company-operated stores, e-commerce Website operations and multi-channel sales operations consisting of special events. The franchise operations segment includes franchise fees and royalty income received from its franchisees. The Company, through its subsidiaries, operates its business under the Mattress Firm brand name. With a range of styles, sizes, price points and features, it provides its customers with their choice of specialty and traditional mattresses from a range of brands, including Tempur Pedic, Sealy, Serta, Simmons, and Stearns & Foster. The Company and its franchisees operates over 2, 400 stores under the Mattress Firm and Sleep Train brand names, and in approximately 100 markets across over 40 states.
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