Fortune Brands (FBHS) Gets a Buy Rating from RBC Capital


In a report released yesterday, Michael Dahl from RBC Capital maintained a Buy rating on Fortune Brands (FBHS), with a price target of $45.00. The company’s shares closed last Tuesday at $43.65.

According to TipRanks.com, Dahl has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.2% and a 45.5% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Mohawk Industries, Skyline Champion, and Taylor Morrison.

Fortune Brands has an analyst consensus of Hold, with a price target consensus of $51.57, representing a 20.3% upside. In a report issued on March 25, Deutsche Bank also maintained a Buy rating on the stock with a $47.00 price target.

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The company has a one-year high of $73.28 and a one-year low of $33.91. Currently, Fortune Brands has an average volume of 1.55M.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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. The Plumbing segment involves faucets, accessories, and kitchen sinks. The Doors segment comprises of fiberglass and steel entry door systems. The Security segment offers locks, safety and security devices, and electronic security products manufactured, sourced, and distributed under the Master Lock brand. Its brands include master lock security products, masterbrand cabinets, Moen faucets, Simonton windows, and Therma-Tru entry door systems. The company was founded on June 9, 1988 and is headquartered in Deerfield, IL.

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