Piper Sandler analyst Peter Keith maintained a Hold rating on Sleep Number (SNBR – Research Report) today and set a price target of $32.00. The company’s shares closed yesterday at $38.46.
According to TipRanks, Keith is a 5-star analyst with an average return of 11.5% and a 52.04% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, Boot Barn, and Tempur Sealy.
Currently, the analyst consensus on Sleep Number is a Hold with an average price target of $32.50, a -15.50% downside from current levels. In a report released on July 17, Wedbush also maintained a Hold rating on the stock with a $33.00 price target.
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The company has a one-year high of $50.61 and a one-year low of $17.50. Currently, Sleep Number has an average volume of 626.4K.
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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.
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