Tempur Sealy International (TPX) : 4 brokerage houses believe that Tempur Sealy International (TPX) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Tempur Sealy International (TPX). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.88.
Tempur Sealy International (TPX) : Currently there are 7 street experts covering Tempur Sealy International (TPX) stock. The most bullish and bearish price target for the stock is $100 and $71 respectively for the short term. The average price target of all the analysts comes to $83.29. The estimated standard deviation from the target is $8.71.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Nomura maintains its rating on Tempur Sealy International (NYSE:TPX). As per the latest information, the brokerage house raises the price target to $90 per share from a prior target of $82. The shares have been rated Buy. The rating by the firm was issued on July 29, 2016.
Tempur Sealy International (NYSE:TPX): The stock opened at $80.51 and touched an intraday high of $82.32 on Wednesday. During the day, the stock corrected to an intraday low of $80.15, however, the bulls stepped in and pushed the price higher to close in the green at $82.04 with a gain of 2.21% for the day. The total traded volume for the day was 1,213,207. The stock had closed at $80.27 in the previous trading session.
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products, which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America, Tempur International and Sealy. The Companys brand portfolio includes TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail, which consists of furniture and bedding retailers, department stores, specialty retailers and warehouse clubs; Direct, which consists of electronic commerce (e-commerce) platform, Company-owned stores and call center, and Other, which includes third party distributors, hospitality and healthcare customers.