Jefferies Thinks Masco Corp’s Stock is Going to Recover

By Austin Angelo

Jefferies analyst Philip Ng reiterated a Buy rating on Masco Corp (NYSE: MAS) today and set a price target of $48. The company’s shares closed yesterday at $29.50, close to its 52-week low of $27.15.

Ng has an average return of 8.2% when recommending Masco Corp.

According to, Ng is ranked #423 out of 4887 analysts.

Masco Corp has an analyst consensus of Strong Buy, with a price target consensus of $45, implying a 52.5% upside from current levels. In a report issued on October 16, Robert W. Baird also maintained a Buy rating on the stock with a $42 price target.


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Based on Masco Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.1 billion and net profit of $180 million. In comparison, last year the company earned revenue of $1.94 billion and had a net profit of $147 million.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, John Sznewajs, the VP & CFO of MAS sold 96,869 shares for a total of $3,772,487.

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Masco Corp. engages in the design, manufacture, marketing, and distribution of branded home improvement and building products. It operates through the following business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows & Other Specialty Products.