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Raymond James Reaffirms Their Hold Rating on La-Z-Boy Incorporated (LZB)

Tipranks - Sat Jun 20, 7:26AM CDT

Raymond James analyst reiterated a Hold rating on La-Z-Boy Incorporated yesterday. The company’s shares closed yesterday at $39.66.

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Currently, the analyst consensus on La-Z-Boy Incorporated is a Moderate Buy with an average price target of $46.00.

Based on La-Z-Boy Incorporated’s latest earnings release for the quarter ending April 25, the company reported a quarterly revenue of $570.34 million and a net profit of $33.27 million. In comparison, last year the company earned a revenue of $570.87 million and had a net profit of $14.93 million

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