In a report issued on February 19, Timothy Wojs from Robert W. Baird maintained a Buy rating on Masco (MAS), with a price target of $70.00. The company’s shares closed last Tuesday at $53.73.
According to TipRanks.com, Wojs is a 3-star analyst with an average return of 3.4% and a 58.5% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Lennox International, Trane Technologies, and Douglas Dynamics.
Currently, the analyst consensus on Masco is a Moderate Buy with an average price target of $66.25, which is a 22.3% upside from current levels. In a report issued on February 10, Credit Suisse also maintained a Buy rating on the stock with a $75.00 price target.
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The company has a one-year high of $60.16 and a one-year low of $27.04. Currently, Masco has an average volume of 2.03M.
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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 and Decorative Architectural Products. The Plumbing Products segment includes faucets; plumbing fittings and valves; showerheads and hand showers; bathtubs and shower enclosures; toilets; spas, and exercise pools. The Decorative Architectural Products segment offers paints and coating products; and cabinet, door, window, and other hardware. The company was founded by Alex Manoogian in 1929 and is headquartered in Livonia, MI.
