In-Depth Examination Of 6 Analyst Recommendations For Fortune Brands
Portfolio Pulse from Benzinga Insights
Fortune Brands (NYSE:FBIN) received mixed analyst ratings with 3 bullish, 2 somewhat bullish, and 1 indifferent. The average 12-month price target is $72.5, with a high of $87.00 and a low of $63.00, slightly up from the previous $72.33. Analysts from Goldman Sachs and Barclays raised their price targets, while Truist Securities and RBC Capital lowered theirs. The company's financials show a solid revenue growth rate of 5.5% but lag in net margin, ROE, ROA, and face debt management challenges with a debt-to-equity ratio of 1.32.
January 19, 2024 | 1:00 pm
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Fortune Brands received mixed analyst ratings, with an average 12-month price target of $72.5. The company shows solid revenue growth but struggles with profitability and debt management.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on FBIN's stock price. The company's solid revenue growth is positive, but concerns about profitability and debt management could temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100