Knoll Inc (NYSE:KNL) has been downgraded to Market Perform in a statement by Raymond James Financial Inc. earlier today.
- Updated: September 30, 2016
Raymond James Financial Inc. has downgraded Knoll Inc (NYSE:KNL) to Market Perform in a statement released on 09/30/2016.
Having a price of $23.00, Knoll Inc (NYSE:KNL) traded -0.17% lower on the day. With the last stock price down -3.57% 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 $24.87 and a two hundred day average of $23.85. Trade Volume was up over the average, with 446,720 shares of KNL changing hands over the typical 254,392
Recent Performance Chart
Knoll Inc has P/E ratio of 16.08 with a 52 week low of $16.42 and a 52 week high of $26.76 and has a market cap of $0.
In addition to Raymond James Financial Inc. reporting its target price, a total of 2 firms have issued a report on the stock. The consensus target price is $25.00 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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