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Leggett & Platt Inc has a consensus price target of $12.67 based on the ratings of 4 analysts. The high is $13 issued by Piper Sandler on October 30, 2024. The low is $12 issued by Goldman Sachs on July 10, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Truist Securities, and Goldman Sachs on October 30, 2024, August 5, 2024, and July 10, 2024, respectively. With an average price target of $12.67 between Piper Sandler, Truist Securities, and Goldman Sachs, there's an implied 11.01% upside for Leggett & Platt Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Leggett & Platt (NYSE:LEG) was reported by Piper Sandler on October 30, 2024. The analyst firm set a price target for $13.00 expecting LEG to rise to within 12 months (a possible 13.94% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Leggett & Platt (NYSE:LEG) was provided by Piper Sandler, and Leggett & Platt upgraded their neutral rating.
The last upgrade for Leggett & Platt Inc happened on October 30, 2024 when Piper Sandler raised their price target to $13. Piper Sandler previously had an underweight for Leggett & Platt Inc.
The last downgrade for Leggett & Platt Inc happened on April 11, 2023 when Goldman Sachs changed their price target from $39 to $34 for Leggett & Platt Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Leggett & Platt, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Leggett & Platt was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Leggett & Platt (LEG) rating was a upgraded with a price target of $11.00 to $13.00. The current price Leggett & Platt (LEG) is trading at is $11.41, which is within the analyst’s predicted range.
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