Where Masonite International Stands With Analysts
Portfolio Pulse from Benzinga Insights
Masonite International (NYSE:DOOR) has received 6 analyst ratings in the last quarter, with an average price target of $101.33, representing an implied upside from the current price of $96.00. This average price target is a 17.48% decrease from the previous target of $122.80. The ratings consist of 2 bullish, 1 somewhat bullish, and 3 indifferent, with no bearish ratings. Analysts typically review stocks quarterly or after major company updates, basing their opinions on financial forecasts, company performance, and industry trends.
December 18, 2023 | 1:01 pm
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POSITIVE IMPACT
Masonite International has an average analyst price target of $101.33, which is higher than its current price of $96.00, suggesting a potential upside according to analysts.
The average price target provided by analysts suggests a positive outlook for Masonite International's stock price in the short term. The absence of bearish ratings and the presence of bullish and somewhat bullish ratings indicate a generally optimistic sentiment among analysts. However, the decrease in the average price target from the previous $122.80 to $101.33 may temper expectations slightly.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100