Tempur Sealy International, Inc with ticker code (TPX) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 140 and 100 with the average target price sitting at 118.13. Now with the previous closing price of 89 this indicates there is a potential upside of 32.7%. The 50 day moving average now sits at 90.08 while the 200 day moving average is 77.9. The market capitalisation for the company is $4,675m. Visit the company website at: http://www.tempursealy.com
The potential market cap would be $6,205m based on the market concensus.
Tempur Sealy International, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products in the United States, Canada, and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the TEMPUR, Tempur-Pedic, Sealy, Comfort Revolution, and Stearns & Foster brands. The company sells its products through third party retailers, including third party distribution, hospitality, and healthcare; and company-owned stores, e-commerce, and call centers, as well as offers Cocoon by Sealy branded products through online. It also operates a portfolio of retail brands, including Tempur-Pedic retail stores, Sleep Outfitters, Sleep Solutions Outlet, SOVA, and other retail brands. In addition, the company is involved in licensing its Sealy, and Stearns & Foster brands, technology, and trademarks to other manufacturers. Tempur Sealy International was founded in 1989 and is headquartered in Lexington, Kentucky.
