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NASDAQ:MLHR - Herman Miller Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $45.00
  • Forecasted Upside: 3.02 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$43.68
▲ +0.28 (0.65%)
1 month | 3 months | 12 months
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Analyst Price Target for MLHR

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$45.00
▲ +3.02% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Herman Miller in the last 3 months. The average price target is $45.00, with a high forecast of $50.00 and a low forecast of $40.00. The average price target represents a 3.02% upside from the last price of $43.68.

Buy

The current consensus among 2 contributing investment analysts is to buy stock in Herman Miller. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/14/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/12/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/12/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/10/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/8/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/7/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/7/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/18/2020BenchmarkBoost Price TargetBuy$30.00 ➝ $40.00Low
i
9/17/2020SidotiBoost Price TargetBuy$33.00 ➝ $50.00High
i
Rating by Gregory Burns at Sidoti
6/30/2020SidotiUpgradeNeutral ➝ Buy$33.00High
i
Rating by Gregory Burns at Sidoti
5/22/2020BenchmarkInitiated CoverageBuyHigh
i
3/19/2020SidotiDowngradeBuy ➝ NeutralHigh
i
2/3/2020SidotiUpgradeNeutral ➝ Buy$47.00High
i
12/19/2019SidotiLower Price TargetNeutral$45.00 ➝ $43.00High
i
10/7/2019Raymond JamesDowngradeOutperform ➝ Market PerformMedium
i
9/19/2019SidotiBoost Price TargetNeutral$43.00 ➝ $45.00High
i
6/28/2019Raymond JamesBoost Price TargetOutperform$41.00 ➝ $48.00Medium
i
5/1/2019SidotiDowngradeBuy ➝ NeutralMedium
i
12/21/2018Raymond JamesLower Price TargetOutperform ➝ Outperform$43.00 ➝ $40.00Low
i
12/26/2017Raymond JamesUpgradeMarket Perform ➝ Outperform$43.00Low
i
6/27/2017SidotiInitiated CoverageBuy ➝ Buy$38.00N/A
i
Rating by Gregory Burns at Sidoti
3/23/2017Raymond JamesUpgradeUnderperform ➝ Market PerformLow
i
3/23/2017UBS GroupUpgradeUnderperform ➝ Market PerformN/A
i
1/3/2017Raymond JamesReiterated RatingMarket Perform ➝ UnderperformN/A
i
1/3/2017UBS GroupDowngradeMarket Perform ➝ UnderperformN/A
i
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralN/A
i
Rating by M. Mccall at Seaport Global Securities
6/24/2016Truist FinancialDowngradeBuy ➝ HoldN/A
i
Rating by M. Mccall at Truist Financial Co.
(Data available from 5/8/2016 forward)
Herman Miller logo
Herman Miller, Inc. engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services worldwide. The company offers seating products under the Embody, Aeron, Mirra2, Setu, Sayl, Verus, Cosm, Lino, Verus, Celle, Equa, Taper, and Ergon names; and modular systems under the Canvas Office Landscape, Locale, Public Office Landscape, Layout Studio, Action Office, Ethospace, Arras, Prospect, Overlay, and Resolve names. It also provides storage products under the Meridian and Tu names; wood case goods under the Geiger name; freestanding furniture products under the Abak, Intent, Sense, and Envelop names; healthcare products under the Palisade, Compass, Nala, Ava, and Nemschoff names; Thrive portfolio of ergonomic solutions, ergonomic, and technology support products under the Colebrook Bosson Saunders name; and textiles under the Maharam name, as well as Live Platform system of cloud-connected furnishings, applications, and dashboards. In addition, the company offers products for residential settings under the Eames, Eames Soft Pad, HAY, Nelson, Bubble Lamps, Airia, Ardea, Bumper, Burdick Group, Everywhere, Claw, Caper, Distil, Envelope, Formwork, Full Round, H Frame, I Beam, Landmark, Logic Mini, Logic Power Access Solutions, Renew, Rolled Arm, Scissor, Sled, Soft Pad, Swoop, Tone, Twist, Ward Bennett, and Wireframe names. Its products are used in offices and related conference, lobby, and lounge areas; transportation terminals; hospitals, clinics, and other healthcare facilities; industrial and educational settings; and residential and other environments. The company markets its products through its sales staff, own dealer network, independent dealers and retailers, and independent contract office furniture dealers, as well as through e-commerce Website. Herman Miller, Inc. was founded in 1905 and is headquartered in Zeeland, Michigan.
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Today's Range

Now: $43.68
$42.68
$43.84

50 Day Range

MA: $42.13
$39.67
$44.54

52 Week Range

Now: $43.68
$19.11
$44.90

Volume

796,292 shs

Average Volume

581,576 shs

Market Capitalization

$2.58 billion

P/E Ratio

N/A

Dividend Yield

1.73%

Beta

1.42

Frequently Asked Questions

What sell-side analysts currently cover shares of Herman Miller?

The following Wall Street research analysts have issued research reports on Herman Miller in the last twelve months: Benchmark Co., and Sidoti.
View the latest analyst ratings for MLHR.

What is the current price target for Herman Miller?

2 Wall Street analysts have set twelve-month price targets for Herman Miller in the last year. Their average twelve-month price target is $45.00, suggesting a possible upside of 3.0%. Sidoti has the highest price target set, predicting MLHR will reach $50.00 in the next twelve months. Benchmark Co. has the lowest price target set, forecasting a price of $40.00 for Herman Miller in the next year.
View the latest price targets for MLHR.

What is the current consensus analyst rating for Herman Miller?

Herman Miller currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MLHR will outperform the market and that investors should add to their positions of Herman Miller.
View the latest ratings for MLHR.

What other companies compete with Herman Miller?

How do I contact Herman Miller's investor relations team?

Herman Miller's physical mailing address is 855 E MAIN AVE, ZEELAND MI, 49464. The business services provider's listed phone number is 616-654-3000 and its investor relations email address is [email protected] The official website for Herman Miller is www.hermanmiller.com.