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Loop Capital Markets Reaffirms Their Buy Rating on MasterBrand Inc (MBC)
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Loop Capital Markets Reaffirms Their Buy Rating on MasterBrand Inc (MBC)

Loop Capital Markets analyst Garik Shmois maintained a Buy rating on MasterBrand Inc (MBCResearch Report) today and set a price target of $20.00. The company’s shares closed yesterday at $17.48.

According to TipRanks, Shmois is a 5-star analyst with an average return of 18.7% and a 76.24% success rate. Shmois covers the Industrials sector, focusing on stocks such as Owens Corning, Beacon Roofing Supply, and Carlisle Companies.

MasterBrand Inc has an analyst consensus of Moderate Buy, with a price target consensus of $20.00.

Based on MasterBrand Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $677.1 million and a net profit of $36.1 million. In comparison, last year the company earned a revenue of $141.31 million and had a net profit of $35.39 million

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MasterBrand Inc (MBC) Company Description:

MasterBrand Inc operates as a residential cabinet manufacturer in North America. It offers a comprehensive portfolio of leading residential cabinetry products for the kitchen, bathroom, and other parts of the home. The firm sells its products throughout the United States and Canada through three primary channels: dealers, retailers, and builders.

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