Goldman Sachs analyst Doug Clark upgraded Fortune Brands (FBHS) to Buy today and set a price target of $54. The company’s shares closed on Friday at $42.59, close to its 52-week low of $40.89.
According to TipRanks.com, Clark is a 1-star analyst with an average return of -2.2% and a 48.0% success rate. Clark covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Whirlpool Corp, and Arris Group.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fortune Brands with a $55.57 average price target.
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The company has a one-year high of $73.62 and a one-year low of $40.89. Currently, Fortune Brands has an average volume of 2.2M.
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Fortune Brands Home & Security, Inc. manufactures and supplies home and security products and services. The company operates through the following segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities, for the kitchen, bath and other parts.
