Wall Street Trims Floor & Decor Price Target to $57.67
Wall Street analysts trimmed their 12-month average price target for Floor & Decor Holdings, Inc. (FND) from $58.12 to $57.67. Despite the slight reduction, the revised consensus target implies approximately 29% potential upside relative to recent price levels around $44.72 per share.
Overall analyst sentiment on the specialty flooring retailer remains unchanged. Out of 25 covering analysts, 14 rate the stock a hold, seven give it a buy rating, and four recommend selling, keeping the overall recommendation firmly at Hold. Individual price forecasts span from a low of $38 to a high of $75 per share.
Investors will watch whether future financial results and home improvement demand help narrow the gap between the current stock price and analyst expectations. Market participants will also monitor for any further rating or target adjustments in upcoming quarters.
Key points
- Analysts lowered Floor & Decor's 12-month average price target from $58.12 to $57.67.
- The revised average target reflects approximately 29% potential upside from the October 12 closing price.
- Individual price targets from 22 analysts range between $38 and $75 per share.
- The overall consensus recommendation remains Hold, with 7 Buys, 14 Holds, and 4 Sells among 25 analysts.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
What is the average price target for Floor & Decor stock?
The average 12-month price target for Floor & Decor Holdings, Inc. is $57.67, with analyst estimates ranging from $38 to $75 per share.
What is the consensus analyst rating for Floor & Decor?
The overall consensus rating is Hold across 25 analysts, consisting of 7 Buy, 14 Hold, and 4 Sell recommendations.