Watch for Continued Gains in Shares of Leggett & Platt Incorporated (LEG)

May 4, 2021 10:24:48

Leggett & Platt Incorporated (NYSE:LEG) traded today at a new 52-week high of $53.66. This new high was reached on approximately average trading volume as 646,000 shares traded hands, while the average 30-day volume is approximately 899,000 shares.

Leggett & Platt Incorporated (NYSE:LEG) is currently priced 4.3% above its average consensus analyst price target of $50.96.

Leggett & Platt designs and produces engineered components and products found in homes, offices, retail stores, automobiles, and commercial aircraft. It operates its business through four segments: residential products, furniture products, industrial products, and specialized products. Its products include components and machinery, steel infrastructure, furniture and components, and various other products. The company operates all around the world, with the residential products and specialized products segments contributing heavily to the company’s revenue.

In the past 52 weeks, Leggett & Platt Incorporated share prices are bracketed by a low of $24.01 and a high of $53.66 and is now at $53.24, 122% above that low price.

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