Knoll Got Some Good News

By Carrie Williams

Raymond James analyst Budd Bugatch upgraded Knoll (NYSE: KNL) to Buy today. The company’s shares opened today at $17.86, close to its 52-week high of $28.40.

According to TipRanks.com, Bugatch is a 4-star analyst with an average return of 7.6% and a 54.8% success rate. Bugatch covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Beacon Roofing Supply, and Wal-Mart Stores Inc.

Knoll has an analyst consensus of Moderate Buy.

The company has a one year high of $28.40 and a one year low of $16.57. Currently, Knoll has an average volume of 391.5K.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Knoll, Inc. engages in the design and manufacture of workplace furnishings, textiles, and fine leathers. It operates through the following segments: Office, Studio, and Coverings. The Office segment includes systems, seating, storage, tables, desks, and KnollExtra ergonomic accessories.