Analyst Price Target is $30.00
▼ -4.40% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Leggett & Platt in the last 3 months. The average price target is $30.00, with a high forecast of $35.00 and a low forecast of $21.00. The average price target represents a -4.40% upside from the last price of $31.38.
Current Consensus is
The current consensus among 2 investment analysts is to hold stock in Leggett & Platt. This Hold consensus rating has held steady for over two years.
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding, Flooring, Furniture & Textile, and Specialized Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Flooring, Furniture & Textile Products segment is a producer of an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.