Published On: Mon, Mar 20th, 2017

Barclays Capital Indicates Potential 17.44% Increase In Shares Of Mohawk Industries, Inc.


On Monday Barclays Capital reiterated its broker consensus on shares of Mohawk Industries, Inc. (NYSE:MHK) giving the company a ‘Overweight’ rating.

Barclays Capital gave shares of Mohawk Industries, Inc. a price target of 272 indicating a potential increase of 17.44% from Mohawk Industries, Inc.’s current price of 231.6.

NYSE:MHK


In the prior 12 months Mohawk Industries, Inc.’s stock price has increased by 0% from 0.00 to 231.6.

Mohawk Industries, Inc. has 74,184,000 shares in issue which have a share price of 231.6 giving Mohawk Industries, Inc. a market capitalisation of 17.18B USD .

The 52 week high of Mohawk Industries, Inc.’s shares is 233.7 whilst the 52 week low for the company’s shares is 175.52. The 50 day moving average of NYSE:MHK is 223.74 and the 200 day moving average is 206.27.

Mohawk Industries, Inc. is a flooring manufacturer that creates products for residential and commercial spaces around the world. The Company’ segments include Global Ceramic, Flooring North America (Flooring NA) and Flooring Rest of the World (Flooring ROW). Its manufacturing and distribution processes provide carpet, rugs, ceramic tile, laminate, wood, stone, luxury vinyl tile and vinyl flooring. The Global Ceramic segment designs, manufactures, sources, distributes and markets a line of ceramic tile, porcelain tile and natural stone products used in the residential and commercial markets for both remodeling and new construction. The Flooring NA segment designs, manufactures, sources, distributes and markets carpet, laminate, carpet pad, rugs, hardwood and vinyl. The Flooring ROW segment designs, manufactures, sources, distributes and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard (MDF), chipboards, and vinyl flooring products.