Impact of Brokerage Rating on Fortune Brands Home & Security, Inc.(FBHS)

Many Fortune Brands Home & Security, Inc.(FBHS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Fortune Brands Home & Security Inc was Initiated by Barclays on Jan 6, 2017 to Equal Weight, Price Target of the shares are set at $59.Fortune Brands Home & Security Inc was Downgraded by Goldman to Neutral on Dec 12, 2016.

Company has reported several Insider transactions to the SEC, on Aug 8, 2016, Christopher J Klein (Chief Executive Officer) sold 150,000 shares at 63.55 per share price.On Aug 1, 2016, David Randich (President MasterBrand Cabinets) sold 55,600 shares at 63.12 per share price.On Aug 1, 2016, E Lee Wyatt (SVP and CFO) sold 150,000 shares at 63.59 per share price.

Fortune Brands Home & Security Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.69. The company had revenue of $1301.60 million for the quarter, compared to analysts expectations of $1316.29 million. The companys revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.78 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Fortune Brands Home & Security, Inc. (NYSE:FBHS): According to 6 Analysts, The short term target price has been estimated at $ 65.17.The target price could deviate by a maximum of $2.86 from the forecast price. In the near term, the target price could hit a high of $68 and a low of $ 60.

Fortune Brands Home & Security, Inc. (NYSE:FBHS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.39% or 0.22 points. After the session commenced at $57.3, the stock reached the higher end at $57.3 while it hit a low of $56.19. With the volume soaring to 974,926 shares, the last trade was called at $56.86. The company has a 52-week high of $64.47. The company has a market cap of $8,774 million and there are 154,306,930 shares in outstanding. The 52-week low of the share price is $46.86.

Fortune Brands Home & Security, Inc provides home and security products in the United States. It manufactures custom, semi-custom, and stock cabinetry for the kitchen, bath, and other parts. The Company is also engaged in manufacturing and selling fiberglass and steel entry door systems, vinyl-framed windows and patio doors and urethane millwork product lines under the Therma-Tru, Simonton, and Fypon brand names in the United States and Canada. Fortune Brand also provides locks, safety, and security devices and tool storage and garage organization products.

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