La-Z-Boy Incorporated with ticker code (LZB) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 59 and 46 calculating the average target price we see 52.5. Now with the previous closing price of 34.81 this would imply there is a potential upside of 50.8%. The day 50 moving average is 35.81 and the 200 day MA is 37. The market capitalisation for the company is $1,489m. You can visit the company’s website by visiting: https://www.la-z-boy.com
The potential market cap would be $2,246m based on the market concensus.
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale and Retail segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, and entertainment centers. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. This segment operates a network of 159 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential furniture. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.
