Leggett & Platt - LEG Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $13.33
  • Forecasted Upside: 10.47%
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$12.07
▼ -0.17 (-1.39%)

This chart shows the closing price for LEG by one month, three months, or twelve months.

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Analyst Price Target for LEG

Analyst Price Target is $13.33
▲ +10.47% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Leggett & Platt in the last 3 months. The average price target is $13.33, with a high forecast of $14.00 and a low forecast of $13.00. The average price target represents a 10.47% upside from the last price of $12.07.

This chart shows the closing price for LEG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 3 contributing investment analysts is to reduce stock in Leggett & Platt. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/24/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/23/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
8/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
11/19/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2024Truist FinancialLower TargetHold ➝ Hold$16.00 ➝ $13.00Low
5/2/2024The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$20.00 ➝ $14.00Low
5/1/2024Piper SandlerLower TargetUnderweight ➝ Underweight$16.00 ➝ $13.00Low
3/26/2024Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $16.00Low
2/13/2024Truist FinancialLower TargetHold ➝ Hold$24.00 ➝ $18.00Low
11/1/2023Truist FinancialLower TargetHold ➝ Hold$26.00 ➝ $24.00Low
11/1/2023Piper SandlerLower TargetUnderweight ➝ Underweight$21.00 ➝ $18.00Low
11/1/2023The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$27.00 ➝ $24.00Low
10/17/2023Truist FinancialLower TargetHold ➝ Hold$31.00 ➝ $26.00Low
8/2/2023Truist FinancialLower TargetHold ➝ Hold$35.00 ➝ $31.00Low
4/11/2023The Goldman Sachs GroupDowngradeBuy ➝ Neutral$39.00 ➝ $34.00Low
2/8/2023Piper SandlerLower TargetUnderweight$24.00 ➝ $21.00Low
12/12/2022Piper SandlerDowngradeNeutral ➝ Underweight$31.00 ➝ $24.00Low
10/12/2022The Goldman Sachs GroupLower TargetBuy$45.00 ➝ $40.00Low
10/11/2022Truist FinancialLower Target$41.00 ➝ $35.00Low
10/11/2022Piper SandlerLower Target$37.00 ➝ $31.00N/A
6/23/2022The Goldman Sachs GroupLower TargetBuy$50.00 ➝ $43.00Low
6/14/2022Piper SandlerLower TargetNeutral$40.00 ➝ $36.00High
5/4/2022Raymond JamesDowngradeOutperform ➝ Market PerformHigh
4/7/2022Piper SandlerLower TargetNeutral$43.00 ➝ $38.00High
2/9/2022Raymond JamesLower TargetOutperform$55.00 ➝ $50.00Medium
11/3/2021Raymond JamesLower TargetOutperform$60.00 ➝ $55.00Low
5/5/2021Raymond JamesBoost TargetOutperform$48.00 ➝ $60.00High
2/10/2021Raymond JamesDowngradeStrong-Buy ➝ Outperform$48.00Low
11/19/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$46.00 ➝ $52.00Low
11/4/2020Piper SandlerBoost TargetNeutral$39.00 ➝ $42.00Medium
11/4/2020Raymond JamesBoost TargetStrong-Buy$45.00 ➝ $48.00Low
8/5/2020Raymond JamesBoost TargetStrong-Buy$41.00 ➝ $45.00Medium
7/28/2020Raymond JamesBoost TargetStrong-Buy$38.00 ➝ $41.00Medium
7/8/2020SunTrust BanksBoost TargetHold$30.00 ➝ $35.00High
5/28/2020Raymond JamesBoost TargetStrong-Buy$32.00 ➝ $38.00High
5/18/2020SunTrust BanksBoost TargetPositive ➝ Hold$27.00 ➝ $30.00High
5/14/2020Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$32.00High
5/6/2020SunTrust BanksLower TargetHold$29.00 ➝ $27.00High
4/16/2020SunTrust BanksBoost TargetHold$24.00 ➝ $29.00Medium
4/15/2020Piper SandlerLower TargetNeutral$47.00 ➝ $35.00High
4/6/2020Stifel NicolausLower TargetHold$49.00 ➝ $20.00High
4/3/2020SunTrust BanksLower TargetHold$50.00 ➝ $24.00Low
12/10/2019CJS SecuritiesDowngradeOutperform ➝ Market Perform$54.00Low
12/6/2019The Goldman Sachs GroupInitiated CoverageNeutralMedium
11/19/2019Stifel NicolausDowngradeBuy ➝ Hold$52.00 ➝ $55.00Low
10/30/2019SunTrust BanksDowngradeBuy ➝ HoldMedium
7/24/2019Raymond JamesDowngradeOutperform ➝ Market PerformLow
(Data available from 5/18/2019 forward)

News Sentiment Rating

0.22 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/20/2023
  • 2 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/19/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/19/2023
  • 6 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
1/18/2024
  • 14 very positive mentions
  • 18 positive mentions
  • 4 negative mentions
  • 4 very negative mentions
2/17/2024
  • 17 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
3/18/2024
  • 7 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
4/17/2024
  • 13 very positive mentions
  • 25 positive mentions
  • 13 negative mentions
  • 3 very negative mentions
5/17/2024

Current Sentiment

  • 13 very positive mentions
  • 25 positive mentions
  • 13 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Leggett & Platt logo
Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, specialty foam chemicals and additives, innersprings, specialty foam for use in bedding and furniture, private label finished mattresses, ready-to-assemble mattress foundations, static foundations, and adjustable beds, as well as machines for producing innersprings; industrial sewing and quilting machines; mattress-packaging; and glue-drying equipment for various industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, E-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems; motors and actuators; cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.
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Today's Range

Now: $12.07
Low: $12.05
High: $12.32

50 Day Range

MA: $17.05
Low: $12.07
High: $20.68

52 Week Range

Now: $12.07
Low: $11.02
High: $33.06

Volume

5,354,763 shs

Average Volume

1,969,671 shs

Market Capitalization

$1.62 billion

P/E Ratio

N/A

Dividend Yield

14.92%

Beta

1.19

Frequently Asked Questions

What sell-side analysts currently cover shares of Leggett & Platt?

The following Wall Street sell-side analysts have issued research reports on Leggett & Platt in the last twelve months: Piper Sandler, StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and Truist Financial Co..
View the latest analyst ratings for LEG.

What is the current price target for Leggett & Platt?

3 Wall Street analysts have set twelve-month price targets for Leggett & Platt in the last year. Their average twelve-month price target is $13.33, suggesting a possible upside of 10.7%. The Goldman Sachs Group, Inc. has the highest price target set, predicting LEG will reach $14.00 in the next twelve months. Truist Financial Co. has the lowest price target set, forecasting a price of $13.00 for Leggett & Platt in the next year.
View the latest price targets for LEG.

What is the current consensus analyst rating for Leggett & Platt?

Leggett & Platt currently has 1 sell rating and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for LEG.

What other companies compete with Leggett & Platt?

How do I contact Leggett & Platt's investor relations team?

Leggett & Platt's physical mailing address is NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836. The company's listed phone number is (417) 358-8131 and its investor relations email address is [email protected]. The official website for Leggett & Platt is www.leggett.com. Learn More about contacing Leggett & Platt investor relations.