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Mohawk Industries, Inc. (MHK) [hlAlert]

Rating:
Buy MHK
up 49.98 %

Mohawk Industries, Inc. (MHK) rated Buy with price target $195 by Stifel

Posted on: Monday,  Feb 23, 2015  8:25 AM ET by Stifel

Stifel rated Buy Mohawk Industries, Inc. (NYSE: MHK) on 02/23/2015. Previously Stifel rated Buy Mohawk Industries, Inc. (NYSE: MHK) on 08/05/2013.,
when the stock price was $129.59. Since then, Mohawk Industries, Inc. has gained 49.99% as of 01/22/2016's recent price of $194.37.
If you would have followed the previous Stifel's recommendation on MHK, you would have gained 49.98% of your investment in 900 days.

Mohawk Industries, Inc. (Mohawk) is a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe. The Company is a carpet and rug manufacturer and also a manufacturer, marketer and distributor of ceramic tile, natural stone and hardwood flooring in the United States. Mohawk also produces laminate flooring in the United States and Europe. The Company?s operating subsidiaries include Mohawk Carpet, LLC, Aladdin Manufacturing Corporation, Dal-Tile International Inc., Unilin Flooring BVBA and Unilin Holding Inc. The Company operates in three segments: the Mohawk segment, the Dal-Tile segment and the Unilin segment. During the year ended December 31, 2008, the Company acquired certain stone center assets in the Dal-Tile segment.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/23/2015 8:25 AM Buy
None
184.81 195.00
as of 8/27/2015
1 Week down  -4.91 %
1 Month up  0.55 %
3 Months up  6.14 %
1 YTD up  30.53 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2015 8:25 AM Buy
None
167.79 180.00
2/24/2014 9:25 AM Buy
None
139.24 165.00
12/12/2013 9:25 AM Buy
None
140.64 160.00
8/5/2013 10:25 AM Buy
None
129.59 150.00

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