Analyst Rating Update on Knoll (KNL)

Knoll (NYSE:KNL) : Zacks Investment Research ranks Knoll (NYSE:KNL) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 2 research analysts is 1.5, which indicates as a Strong Buy.

Knoll (NYSE:KNL) : Currently there are 2 street experts covering Knoll (NYSE:KNL) stock. The most bullish and bearish price target for the stock is $27 and $26 respectively for the short term. The average price target of all the analysts comes to $26.5. The estimated standard deviation from the target is $0.71.

For this week, the average consensus of the company shares are rated as a Strong Buy.

Knoll (NYSE:KNL): stock turned positive on Tuesday. Though the stock opened at $22.61, the bulls momentum made the stock top out at $23.41 level for the day. The stock recorded a low of $22.52 and closed the trading day at $23.13, in the green by 4.00%. The total traded volume for the day was 689,244. The stock had closed at $22.24 in the previous days trading.

In an insider trading activity,The officer (E.V.P.-Director of Design) of Knoll Inc, Pardo Benjamin A sold 4,200 shares at $25.16 on June 2, 2016. The Insider selling transaction had a total value worth of $105,672. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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 Companys Studio segment includes its KnollStudio division, the Companys European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and, as of February 3, 2014, Holly Hunt Enterprises, Inc. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt) and Edelman Leather. The Company offers its portfolio of furniture, textiles and leathers across five product categories: office systems; office seating; files and storage; desks, casegoods and tables, and specialty products. The Company markets its products under the Knoll and HOLLY HUNT brands.

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