UBS analyst Atul Maheswari maintained a Hold rating on Sleep Number (SNBR – Research Report) yesterday and set a price target of $34.00. The company’s shares closed yesterday at $39.40.
Maheswari covers the Consumer Goods sector, focusing on stocks such as Tempur Sealy, Sleep Number, and Purple Innovation. According to TipRanks, Maheswari has an average return of -5.3% and a 46.67% success rate on recommended stocks.
Sleep Number has an analyst consensus of Hold, with a price target consensus of $36.00, a -8.63% downside from current levels. In a report released yesterday, Wedbush also maintained a Hold rating on the stock with a $37.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
SNBR market cap is currently $866.8M and has a P/E ratio of 24.55.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sleep Number Corp. designs, manufactures, markets, and distributes beds, proprietary beds, and other sleep-related accessory products. It offers beds under the brand name Sleep Number. The company was founded by Robert Walker and JoAnn Walker in 1987 and is headquartered in Minneapolis, MN.
Read More on SNBR:
- Sleep Number says experiencing early signs of improvement in business in 2023
- Sleep Number sees FY23 EPS $1.25-$2.00, consensus $1.76
- Sleep Number reports Q4 EPS (24c), consensus (22c)
- Sleep Number price target raised to $35 from $26 at Piper Sandler
- Sleep Number reports preliminary FY22 EPS $1.60, consensus $1.71
