Analyst Rating Update on Fortune Brands Home & Security (FBHS)

Fortune Brands Home & Security (FBHS) : The consensus on Fortune Brands Home & Security (FBHS) based on 7 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Fortune Brands Home & Security (FBHS) : 7 investment research analysts covering Fortune Brands Home & Security (FBHS) have an average price target of $63.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $72 and the lowest target is $55 for the short term. Analysts expect the variance to be within $6.74 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


Fortune Brands Home & Security (NYSE:FBHS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $63.08 and $62.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $63.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $63.44, notching a gain of 0.40% for the day. The total traded volume was 1,188,673 . The stock had closed at $63.19 on the previous day.

Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.

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