Culp (CULP) Rating Increased to Buy at ValuEngine

Culp (NYSE:CULP) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Sunday, December 31st.

Separately, Zacks Investment Research downgraded shares of Culp from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th.

Culp (NYSE:CULP) opened at $30.90 on Friday. Culp has a 1-year low of $26.15 and a 1-year high of $35.50. The firm has a market cap of $399.79, a price-to-earnings ratio of 17.97 and a beta of 0.29.

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Culp Company Profile

Culp, Inc is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The Company is engaged in the manufacture, sourcing and marketing of mattress fabrics and sewn covers used for covering mattresses and box springs, and upholstery fabrics, including cut and sewn kits used in production of upholstered furniture.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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