Analyst Scoreboard: 8 Ratings For Fortune Brands
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Fortune Brands (NYSE:FBIN), with a mix of bullish and indifferent sentiments. Recent price targets average $85, up from $81.62, with a high of $98 and a low of $79. The company shows positive revenue growth but faces challenges in profitability and debt management.
October 08, 2024 | 3:00 pm
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POSITIVE IMPACT
Fortune Brands (NYSE:FBIN) has received mixed analyst ratings, with a recent average price target of $85, indicating a potential upside. The company shows positive revenue growth but struggles with profitability and high debt levels.
The mixed analyst ratings, with a majority being bullish or somewhat bullish, suggest a positive short-term outlook for FBIN. The increase in average price target from $81.62 to $85 indicates potential upside. However, the company's financial challenges, such as low net margin and high debt-to-equity ratio, may limit the extent of positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100