Tempur Sealy International (NYSE:TPX) Price Target Raised to $79.00 at Bank of America

Tempur Sealy International (NYSE:TPX) had its price target upped by Bank of America from $73.00 to $79.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Bank of America‘s price objective indicates a potential upside of 18.80% from the stock’s current price.

Other analysts have also issued reports about the company. Piper Sandler boosted their price target on Tempur Sealy International from $65.00 to $76.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Raymond James cut their price objective on shares of Tempur Sealy International from $57.00 to $55.00 and set a “strong-buy” rating on the stock in a research report on Friday, November 1st. Wedbush reaffirmed an “outperform” rating and issued a $80.00 target price (up previously from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. UBS Group raised their price objective on Tempur Sealy International from $67.00 to $78.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, William Blair upgraded Tempur Sealy International from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 5th. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $73.25.

Tempur Sealy International Stock Down 0.1 %

Shares of Tempur Sealy International stock opened at $66.50 on Tuesday. The company has a market capitalization of $11.55 billion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 2.07 and a beta of 1.64. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. The business has a 50-day moving average of $58.67 and a two-hundred day moving average of $54.26. Tempur Sealy International has a 1 year low of $45.04 and a 1 year high of $68.53.

Institutional Trading of Tempur Sealy International

Several hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in Tempur Sealy International by 22.7% in the 4th quarter. IFP Advisors Inc now owns 828 shares of the company’s stock worth $47,000 after purchasing an additional 153 shares in the last quarter. Private Trust Co. NA increased its stake in Tempur Sealy International by 49.2% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the company’s stock worth $31,000 after acquiring an additional 182 shares during the period. Coldstream Capital Management Inc. raised its holdings in Tempur Sealy International by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 6,488 shares of the company’s stock valued at $354,000 after acquiring an additional 194 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of Tempur Sealy International by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 35,371 shares of the company’s stock valued at $2,005,000 after acquiring an additional 200 shares during the period. Finally, CIBC Asset Management Inc grew its holdings in shares of Tempur Sealy International by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 5,226 shares of the company’s stock worth $296,000 after purchasing an additional 262 shares in the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.