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Tempur-pedic International Inc (TPX) [hlAlert]

Rating:
Buy TPX
up 132.98 %

Tempur-pedic International Inc (TPX) rated Buy

Posted on: Monday,  Nov 12, 2007  9:25 AM ET by Citigroup

Citigroup rated Buy Tempur-pedic International Inc (NYSE: TPX) on 11/12/2007, when the stock price was $31.68. Since
then, Tempur-pedic International Inc has gained 132.99% as of 01/15/2016's recent price of $73.81.
If you would have followed this Citigroup's recommendation on TPX, you would have gained 132.98% of your investment in 2986 days.

Tempur-Pedic International Inc. (Tempur-Pedic International) is a manufacturer, marketer and distributor of mattresses and pillows. The Company sells its products in approximately 80 countries primarily under the TEMPUR and Tempur-Pedic brands. It operates through two business segments: Domestic and International. The Domestic operating segment consists of the Company?s United States manufacturing facilities, whose customers include its United States distribution subsidiary and certain third-party distributors in the Americas. The International segment consists of the Company?s manufacturing facility in Denmark, whose customers include all of its distribution subsidiaries and third-party distributors outside the Domestic segment. Tempur-Pedic International sells its mattresses and pillows through four distribution channels in each operating business segment: Retail, Direct, Healthcare and Third party.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 9:25 AM Buy
None
31.68
as of 8/27/2015
1 Week down  -2.70 %
1 Month up  11.95 %
3 Months up  24.05 %
1 YTD up  36.78 %

(*) Stock Price at the time of the recommendation.
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