| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 02/02/2023 | -1.68% | Loop Capital | → $65 | Downgrades | Buy → Hold |
| 01/30/2023 | -9.24% | B of A Securities | $61 → $60 | Downgrades | Neutral → Underperform |
| 01/18/2023 | 13.45% | Barclays | → $75 | Reinstates | → Overweight |
| 01/13/2023 | -4.7% | RBC Capital | $61 → $63 | Downgrades | Outperform → Sector Perform |
| 01/11/2023 | -7.73% | Deutsche Bank | $65 → $61 | Downgrades | Buy → Hold |
| 12/19/2022 | -27.39% | Credit Suisse | $47 → $48 | Maintains | Neutral |
| 12/16/2022 | — | Zelman & Assoc | Initiates Coverage On | → Hold | |
| 12/16/2022 | -7.73% | RBC Capital | $67 → $61 | Maintains | Outperform |
What is the target price for Fortune Brands (FBIN)?
The latest price target for Fortune Brands (NYSE: FBIN) was reported by Loop Capital on February 2, 2023. The analyst firm set a price target for $65.00 expecting FBIN to fall to within 12 months (a possible -1.68% downside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fortune Brands (FBIN)?
The latest analyst rating for Fortune Brands (NYSE: FBIN) was provided by Loop Capital, and Fortune Brands downgraded their hold rating.
When is the next analyst rating going to be posted or updated for Fortune Brands (FBIN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortune Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fortune Brands was filed on February 2, 2023 so you should expect the next rating to be made available sometime around February 2, 2024.
Is the Analyst Rating Fortune Brands (FBIN) correct?
While ratings are subjective and will change, the latest Fortune Brands (FBIN) rating was a downgraded with a price target of $0.00 to $65.00. The current price Fortune Brands (FBIN) is trading at is $66.11, which is out of the analyst's predicted range.