Tempur Sealy Int'l (NYSE:TPX) target bumped down to $72.00, issued a ratings update today by Stifel
- Updated: September 27, 2016
In a report released on 9/28/2016 Stifel reduced the stock price target of Tempur Sealy Int'l (NYSE:TPX) from $80.00 to $72.00 reporting a possible downside of -0.03%.
Previously on Friday July 29, 2016, Stifel Nicolaus released a statement about Tempur Sealy Int'l (NYSE:TPX) increased the target price from $67.00 to $80.00. At the time, this indicated a possible upside of 0.06%.
Yesterday Tempur Sealy Int'l (NYSE:TPX) traded -0.07% lower at $74.45. TPX’s 50-day average is $78.00 and its two hundred day average is $64.86. With the last stock price close up 14.79% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. Volume of trade was up over the average, with 2,103,851 shares of TPX changing hands over the typical 1,275,610
With a total market value of $0, Tempur Sealy Int'l has price-earnings ratio of 51.85 with a one year low of $50.80 and a one year high of $82.61 .
A total of 10 equity analysts have released a ratings update on TPX. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $71.90.
Brief Synopsis About Tempur Sealy Int'l (NYSE:TPX)
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products. It operates in two segments: North America, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada, and International, which consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Its brands include TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. It sells products through over two distribution channels in each segment: retail (furniture and bedding retailers, department stores, specialty retailers and warehouse clubs), and other (direct-to-consumer through e-commerce platforms, company-owned stores and call centers, third-party distributors, hospitality and healthcare customers).
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