NYSE:LEG - Leggett & Platt Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $47.25
  • Forecasted Upside: -6.36 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$50.46
▲ +1.5 (3.06%)

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 $47.25
▼ -6.36% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Leggett & Platt in the last 3 months. The average price target is $47.25, with a high forecast of $60.00 and a low forecast of $35.00. The average price target represents a -6.36% upside from the last price of $50.46.

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 Buy

The current consensus among 4 contributing investment analysts is to buy stock in Leggett & Platt. This rating has held steady since March 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/5/2021Raymond JamesBoost Price 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 Price TargetNeutral$39.00 ➝ $42.00Medium
11/4/2020Raymond JamesBoost Price TargetStrong-Buy$45.00 ➝ $48.00Low
8/5/2020Raymond JamesBoost Price TargetStrong-Buy$41.00 ➝ $45.00Medium
7/28/2020Raymond JamesBoost Price TargetStrong-Buy$38.00 ➝ $41.00Medium
7/8/2020SunTrust BanksBoost Price TargetHold$30.00 ➝ $35.00High
5/28/2020Raymond JamesBoost Price TargetStrong-Buy$32.00 ➝ $38.00High
5/18/2020SunTrust BanksBoost Price TargetPositive ➝ Hold$27.00 ➝ $30.00High
5/14/2020Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$32.00High
5/6/2020SunTrust BanksLower Price TargetHold$29.00 ➝ $27.00High
4/16/2020SunTrust BanksBoost Price TargetHold$24.00 ➝ $29.00Medium
4/15/2020Piper SandlerLower Price TargetNeutral$47.00 ➝ $35.00High
4/6/2020Stifel NicolausLower Price TargetHold$49.00 ➝ $20.00High
4/3/2020SunTrust BanksLower Price 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
2/6/2019GabelliDowngradeBuy ➝ HoldLow
10/30/2018SunTrust BanksLower Price TargetBuy ➝ Outperform$40.00High
10/29/2018Raymond JamesDowngradeStrong-Buy ➝ Outperform$44.00Medium
5/31/2018Stifel NicolausUpgradeHold ➝ Buy$48.00 ➝ $50.00High
5/1/2018SunTrust BanksLower Price TargetBuy$48.00Low
4/27/2018Credit Suisse GroupLower Price TargetNeutral ➝ Neutral$51.00 ➝ $46.00High
2/7/2018GabelliUpgradeHold ➝ BuyMedium
1/23/2018Piper Jaffray CompaniesReiterated RatingHold$48.00Low
10/30/2017Piper Jaffray CompaniesDowngradeOverweight ➝ Neutral$46.00N/A
10/27/2017SunTrust BanksReiterated RatingBuy$53.00N/A
10/11/2017Piper Jaffray CompaniesSet Price TargetBuy$49.00N/A
9/22/2017SunTrust BanksUpgradeHold ➝ Buy$50.00 ➝ $53.00High
9/8/2017Piper Jaffray CompaniesReiterated RatingBuy$49.00High
9/7/2017Stifel NicolausReiterated RatingNeutral ➝ HoldHigh
8/14/2017Piper Jaffray CompaniesSet Price TargetBuy$59.00Low
7/24/2017Hilliard LyonsUpgradeNeutral ➝ Long-term Buy$66.00Low
7/14/2017Piper Jaffray CompaniesReiterated RatingBuy$59.00Low
6/22/2017Credit Suisse GroupInitiated CoverageNeutral$56.00Low
6/21/2017GabelliInitiated CoverageHold$53.00Low
6/5/2017Piper Jaffray CompaniesInitiated CoverageOverweight ➝ Overweight$59.00Low
4/3/2017Stifel NicolausBoost Price TargetHold$48.00 ➝ $52.00Medium
2/1/2017Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$54.00N/A
2/1/2017UBS GroupUpgradeMarket Perform ➝ Strong-BuyN/A
11/1/2016CJS SecuritiesUpgradeMarket Perform$55.00N/A
10/28/2016Hilliard LyonsDowngradeBuy ➝ NeutralN/A
8/1/2016Raymond JamesReiterated RatingOutperform ➝ Market PerformN/A
8/1/2016CitigroupDowngradeMarket PerformN/A
7/29/2016Hilliard LyonsDowngradeNeutral ➝ UnderperformN/A
(Data available from 6/22/2016 forward)
Leggett & Platt logo
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to shape wires into innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress 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, and 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 OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to 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 based in Carthage, Missouri.
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Today's Range

Now: $50.46
Low: $49.42
High: $50.74

50 Day Range

MA: $52.96
Low: $47.12
High: $57.95

52 Week Range

Now: $50.46
Low: $32.24
High: $59.16

Volume

852,342 shs

Average Volume

913,649 shs

Market Capitalization

$6.72 billion

P/E Ratio

23.80

Dividend Yield

3.43%

Beta

1.49

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, Raymond James, SunTrust Banks, Inc., The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for LEG.

What is the current price target for Leggett & Platt?

4 Wall Street analysts have set twelve-month price targets for Leggett & Platt in the last year. Their average twelve-month price target is $47.25, suggesting a possible downside of 3.5%. Raymond James has the highest price target set, predicting LEG will reach $60.00 in the next twelve months. SunTrust Banks, Inc. has the lowest price target set, forecasting a price of $35.00 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 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe LEG will outperform the market and that investors should add to their positions of Leggett & Platt.
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.