Stifel Nicolaus downgraded shares of Mattress Firm Holding Corp. (NASDAQ:MFRM) from a buy rating to a hold rating in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. They currently have $43.00 target price on the stock. The analysts noted that the move was a valuation call.
Stifel Nicolaus has also modified their ratings on a number of other consumer discretionary stocks in the few days. The firm lowered its price target on shares of Aaron’s Inc. from $35.00 to $34.00. They have a buy rating on that stock. Also, Stifel Nicolaus reiterated its buy rating on shares of Men’s Wearhouse Inc.. They have a $40.00 price target on that stock.
Mattress Firm Holding Corp. (NASDAQ: MFRM) traded down 4.18% on Wednesday, hitting $39.46. Mattress Firm Holding Corp. has a 52-week low of $22.62 and a 52-week high of $46.85. The stock’s 50-day moving average is currently $41.40. The company has a market cap of $1.335 billion and a price-to-earnings ratio of 33.21.
A number of other analysts have also recently weighed in on MFRM. Analysts at Raymond James raised their price target on shares of Mattress Firm Holding Corp. from $37.00 to $45.00 in a research note to investors on Wednesday, June 5th. Separately, analysts at Piper Jaffray Cos. reiterated an overweight rating on shares of Mattress Firm Holding Corp. in a research note to investors on Wednesday, June 5th. They now have a $48.00 price target on the stock, up previously from $42.00. Finally, analysts at Barclays Capital raised their price target on shares of Mattress Firm Holding Corp. from $40.00 to $45.00 in a research note to investors on Wednesday, June 5th. They now have an overweight rating on the stock.
Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $44.56.
Mattress Firm Holding Corp. (NASDAQ: MFRM) is a specialty retailer of mattresses and related products and accessories in the United States.
