KeyBanc analyst Kenneth Zener reiterated a Buy rating on Masco Corp (MAS) on February 7 and set a price target of $40. The company’s shares opened today at $36.60.
According to TipRanks.com, Zener is ranked #1795 out of 5146 analysts.
Currently, the analyst consensus on Masco Corp is a Strong Buy with an average price target of $38.30, implying a 4.6% upside from current levels. In a report issued on February 8, Robert W. Baird also maintained a Buy rating on the stock with a $41 price target.
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Based on Masco Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.04 billion and net profit of $192 million. In comparison, last year the company earned revenue of $1.87 billion and had a net profit of $86 million.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2018, Richard Manoogian, a Director at MAS sold 100,000 shares for a total of $3,098,000.
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Masco Corp. engages in the design, manufacture, marketing and distribution of branded home improvement and building products. It operates through the following business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows & Other Specialty Products.
