BofA Merrill recorded Mohawk (NYSE:MHK), raising its target price to $235.00 earlier today
- Updated: September 23, 2016
Boasting a price of $206.68, Mohawk (NYSE:MHK) traded -0.67% lower on the day. With the last stock price close up 3.60% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Mohawk has recorded a 50-day average of $209.99 and a two hundred day average of $198.16. Volume of trade was down over the average, with 133,706 shares of MHK changing hands under the typical 474,770
BofA Merrill raised the target price of Mohawk (NYSE:MHK) to $235.00 reporting a potential upside of 0.14%.
On Monday August 08, 2016, MKM Partners released a statement for Mohawk (NYSE:MHK) bumped up the target price from $244.00 to $246.00 that suggested an upside of 0.15%.
With a total market value of $0, Mohawk has with a one year low of $148.56 and a one year high of $216.58 .
A total of 14 analysts have released a research note on Mohawk. Six analysts rating the company a strong buy, nine analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $221.71.
More About Mohawk (NYSE:MHK)
Mohawk Industries, Inc. is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company's manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile (LVT) and vinyl flooring. It operates in three segments: Global Ceramic, which designs, manufactures, sources, distributes and markets a line of ceramic tile, porcelain tile and natural stone products; Flooring North America (Flooring NA), which designs, manufactures, sources, distributes and markets carpet, laminate, carpet pad, rugs, hardwood and vinyl, including LVT, in a range of colors, textures and patterns, and Flooring Rest of the World (Flooring ROW), which designs, manufactures, sources, distributes and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards and vinyl flooring products. Its trademarks include American Olean, Bigelow, Lees, Quick-Step and Unilin.
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