Credit Suisse Reaffirms Their Buy Rating on Fortune Brands (FBHS)

By Jason Carr

Credit Suisse analyst Susan Maklari maintained a Buy rating on Fortune Brands (FBHSResearch Report) today and set a price target of $53. The company’s shares closed on Friday at $45.94.

According to TipRanks.com, Maklari has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.4% and a 39.6% success rate. Maklari covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker Inc, Mohawk Industries, and Toll Brothers.

Fortune Brands has an analyst consensus of Moderate Buy, with a price target consensus of $49.

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Fortune Brands’ market cap is currently $6.45B and has a P/E ratio of 17.27. The company has a Price to Book ratio of 2.96.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock.

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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.