Breaking Finance News

Raymond James downgraded Mattress Firm Holding (NASDAQ:MFRM) from Market Perform to Underperform in a report released today.

Just yesterday Mattress Firm Holding (NASDAQ:MFRM) traded 0.02% lower at $63.92. MFRM’s 50-day average is $55.06 and its two hundred day average is $41.78. With the last stock price up 53.24% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 573,013 shares of the stock were exchanged, down from ann average volume of 622,283.

Raymond James has downgraded Mattress Firm Holding(NASDAQ:MFRM) from Market Perform to Underperform in a statement released 8/22/2016.

Previously on Tuesday August 16 2016, Citigroup reported on Mattress Firm Holding(NASDAQ:MFRM) bumped the target price from $30.00 to $64.00. At the time, this suggested an upside of 0.00%.

See Chart Below:

Mattress Firm Holding (NASDAQ:MFRM)

Also covering Mattress Firm Holding’s stock price target, a total of 8 brokers have issued a ratings update on MFRM. The one year target stock price is $35.88 with 0 rating the company a strong buy, 0 rating the stock a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 brokerages rating the stock as sell.

With a total market value of $0.0, Mattress Firm Holding has a P/E of 0 with a 52 week low of $27.18 and a 52 week high of $64.27.

About Mattress Firm Holding (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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.