Mattress Firm Holding Corp (NASDAQ: MFRM)‘s stock had its “buy” rating reaffirmed by equities research analysts at KeyBanc (NYSE: KEY) in a research note issued to investors on Tuesday.
Separately, analysts at UBS AG (NYSE: UBS) raised their price target on shares of Mattress Firm Holding Corp from $28.00 to $30.00 in a research note to investors on Friday, January 13rd. They now have a “buy” rating on the stock. Analysts at SunTrust (NYSE: STI) initiated coverage on shares of Mattress Firm Holding Corp in a research note to investors on Friday, January 6th. They set a “buy” rating on the stock. Also, analysts at William Blair initiated coverage on shares of Mattress Firm Holding Corp in a research note to investors on Thursday, December 29th. They set an “outperform” rating on the stock.
Mattress Firm Holding Corp. (Mattress Firm) is a specialty retailer of mattresses and related products and accessories in the United States. The Company conducts its operations through its indirect, wholly owned subsidiary, Mattress Holding Corp. and its subsidiaries. As of August 2, 2011, the Company and its franchisees operated 620 and 107 stores, respectively, primarily under the Mattress Firm name, in 60 markets across 25 states. The Company focuses on the national brands, but also offers its customers its Hampton and Rhodes private label mattresses. The Company provides its customers with their choice of traditional mattresses, including Sealy and Simmons, as well as specialty mattresses, such as Tempur-Pedic. The Company has introduced its YuMe brand. On October 15, 2010, the Company acquired Peak Management, LLC. On December 1, 2010, the Company acquired Maggie’s Enterprises, Inc.
Mattress Firm Holding Corp traded up 1.60% on Tuesday, hitting $32.48. Mattress Firm Holding Corp has a 1-year low of $21.03 and a 1-year high of $32.09. The stock has a 50-day moving average of $24.99 and a 200-day moving average of $24.07. The company has a market cap of $1.097 billion and a price-to-earnings ratio of 46.67.