Kimball International Inc (KBAL) was Initiated by Sidoti to “Buy” and the brokerage firm has set the Price Target at $15. Sidoti advised their investors in a research report released on Apr 20, 2016.
Kimball International Inc opened for trading at $11.44 and hit $11.59 on the upside on Monday, eventually ending the session at $11.53, with a gain of 0.79% or 0.09 points. The heightened volatility saw the trading volume jump to 49,076 shares. Company has a market cap of $432 M.
In a different news, on Jun 29, 2015, Cassidy Julia E Heitz (VICE PRESIDENT) purchased 800 shares at $12.30 per share price. According to the SEC, on Feb 13, 2015, R Gregory Kincer (VICE PRESIDENT) purchased 1,000 shares at $9.12 per share price.
Kimball International Inc. is a manufacturer of design driven technology savvy furnishings sold under the Companys family of brands: National Kimball Office and Kimball Hospitality. The Companys portfolio provides solutions for the workplace learning healing and hospitality environments. Customers can access its products globally through a range of distribution channels. Its furniture solutions are used in open floor plan areas conference rooms training rooms private offices lobby/reception areas and dining/lounge areas with a vast mix of wood metal laminate paint and fabric options. In the hospitality industry Kimball Hospitality works with designers to create furniture which extends the ambiance of a property into guest rooms and public spaces by providing furniture solutions for hotel properties and mixed use developments.