Analysts have clear opinions on MLHR.
There are 1 analyst offering 12 month price targets for Herman Miller in the last 3 months. The average price target is $43.00 with a high forecast of $43.00 and a low forecast of $43.00. The average price target represents a 4.90% increase from the last price of $40.99.
Herman Miller, Inc. (MLHR) is followed by 1 analysts on the street.
Gregory Burns from Sidoti rates it a Hold with a target of $43.00.
Similarly, 3 months ago Budd Bugatch of Raymond James Downgraded a Hold with a target of —.
The consensus on the street is Hold.
What does Herman Miller, Inc.(MLHR) do ?
Herman Miller, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, and Africa; Latin America; and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.
Herman Miller, Inc. (MLHR) Insider Trades
Multiple company employees have indulged in significant insider trading. Herman Miller, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
President, N America Contract, Bylsma Gregory J : S – Sale(-$613,507) of MLHR in the trading session of 2019-09-23.
Executive Creative Director Watson Bruce Benedict : S – Sale+OE(-$1,470,297) of MLHR in the trading session of 2019-08-08.
SVP Chief Information Officer Kurburski Jeffrey L. : S – Sale(-$156,663) of Herman Miller, Inc. in the trading session of 2019-07-29.
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