Floor & Decor Holdings Inc (FND) Gets a Buy Rating from Wells Fargo

Wells Fargo analyst Zachary Fadem maintained a Buy rating on Floor & Decor Holdings Inc (FNDResearch Report) yesterday and set a price target of $50. The company’s shares closed yesterday at $36.36.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 11.5% and a 70.4% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Advance Auto Parts, and Michaels Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Floor & Decor Holdings Inc with a $47.50 average price target.

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The company has a one-year high of $48.72 and a one-year low of $23.30. Currently, Floor & Decor Holdings Inc has an average volume of 1.16M.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock.

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Floor & Decor Holdings, Inc. engages in the retail of hard surface flooring and related accessories. It provides wood, stone, and flooring products. Its products include vinyl, laminate, and tiles with materials installation for living rooms, kitchen, bathrooms, and walls.