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Leggett & Platt (LEG) Receives a Hold from Piper Sandler

Tipranks - Fri Feb 13, 6:58AM CST

Piper Sandler analyst Peter Keith maintained a Hold rating on Leggett & Platt today and set a price target of $12.00.

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According to TipRanks, Keith is a 5-star analyst with an average return of 11.9% and a 56.94% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Wayfair, Somnigroup International, and Home Depot.

In a report released on January 26, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $13.00 price target.

Based on Leggett & Platt’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.04 billion and a net profit of $127.1 million. In comparison, last year the company earned a revenue of $1.1 billion and had a net profit of $44.9 million

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