Blurbs

Credit Suisse Remains a Hold on Fortune Brands (FBHS)

Credit Suisse analyst Daniel Oppenheim maintained a Hold rating on Fortune Brands (FBHSResearch Report) today and set a price target of $55.00. The company’s shares opened today at $60.66.

Oppenheim covers the Consumer Goods sector, focusing on stocks such as Home Depot, Stanley Black & Decker, and Hayward Holdings. According to TipRanks, Oppenheim has an average return of 0.9% and a 54.64% success rate on recommended stocks.

Fortune Brands has an analyst consensus of Moderate Buy, with a price target consensus of $71.38.

See Insiders’ Hot Stocks on TipRanks >>

Based on Fortune Brands’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.05 billion and a net profit of $204.2 million. In comparison, last year the company earned a revenue of $1.99 billion and had a net profit of $202.1 million

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FBHS in relation to earlier this year.

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.

Read More on FBHS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More