Knoll Inc (NYSE:KNL) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 1, 2016
Zacks Investment Research has downgraded Knoll Inc (NYSE:KNL) to Hold in a statement released on 9/28/2016.
On 9/15/2016, Zacks Investment Research released a statement about Knoll Inc (NYSE:KNL) upped the target price from $0.00 to $27.00 that suggested an upside of 0.11%.
Having a price of $23.04, Knoll Inc (NYSE:KNL) traded -0.65% lower on the day. With the last stock price down -4.28% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. KNL has recorded a 50-day average of $24.80 and a two hundred day average of $23.87. Volume of trade was up over the average, with 1,464,274 shares of KNL changing hands over the typical 274,144
With a total market value of $0, Knoll Inc has one year low of $16.42 and a one year high of $26.76 with a price-earnings ratio of 15.98 .
A total of 2 firms have reported on Knoll Inc. Two equity analysts rating the company a strong buy, one brokerage rating the company a buy, zero brokers rating the stock a hold, 0 equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $25.00.
More About Knoll Inc (NYSE:KNL)
Knoll, Inc. is a designer and manufacturer of furnishings, textiles and leather for the workplace and home. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories, as well as the international sales of its North American Office products. The Studio segment includes its KnollStudio division, the Company's European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and Holly Hunt Enterprises, Inc. The KnollStudio portfolio includes a range of lounge seating, side, cafe and dining chairs, and barstools. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt), and Edelman Leather. It offers a portfolio of furniture, textiles and leathers across five product categories: office systems; office seating; files and storage; desks, casegoods and tables, and specialty products.
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