RBC Capital analyst Michael Dahl maintained a Hold rating on Fortune Brands Innovations (FBIN – Research Report) on January 12 and set a price target of $79.00. The company’s shares closed last Friday at $77.88.
According to TipRanks, Dahl is a 4-star analyst with an average return of 5.4% and a 56.73% success rate. Dahl covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, Lennar, and Mohawk.
Fortune Brands Innovations has an analyst consensus of Moderate Buy, with a price target consensus of $77.71, which is a -0.22% downside from current levels. In a report released on January 8, Loop Capital Markets also maintained a Hold rating on the stock with a $78.00 price target.
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The company has a one-year high of $80.33 and a one-year low of $53.64. Currently, Fortune Brands Innovations has an average volume of 1.11M.
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Fortune Brands Innovations (FBIN) Company Description:
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.
Read More on FBIN:
- Fortune Brands Innovations price target raised to $78 from $61 at Loop Capital
- Fortune Brands Innovations price target raised by $16 at JPMorgan, here’s why
- Fortune Brands Innovations price target raised by $21 at Barclays, here’s why
- Fortune Brands Innovations raises dividend to 24c from 23c
- Fortune Brands Innovations price target raised by $16 at Deutsche Bank, here’s why
