Fortune Brands Home & Security (NYSE:FBHS) has been downgraded from Overweight to Sector Weight in a statement by KeyBanc earlier today.
- Updated: October 18, 2016
Having a price of $55.61, Fortune Brands Home & Security (NYSE:FBHS) traded 1.04% higher on the day. With the last stock price down -5.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FBHS has recorded a 50-day average of $58.53 and a two hundred day average of $58.90. Trade Volume was down over the average, with 1,024,488 shares of FBHS changing hands under the typical 1,258,950
KeyBanc has downgraded Fortune Brands Home & Security (NYSE:FBHS) from Overweight to Sector Weight in a statement released on 10/18/2016.
Recent Performance Chart
Fortune Brands Home & Security has price-earnings ratio of 23.37 with a one year low of $44.19 and a one year high of $64.47 and has a total market value of $0.
A total of 8 brokers have issued a research note on Fortune Brands Home & Security. Two analysts rating the company a strong buy, 3 brokerages rating the stock a buy, ten equity analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $61.63.
About Fortune Brands Home & Security (NYSE:FBHS)
Fortune Brands Home & Security, Inc. is a holding company. The Company is a home and security products company with a portfolio of branded products used for residential home repair, remodeling, new construction and security applications. The Company operates through four segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment offers stock cabinetry, as well as vanities. The Plumbing segment offers faucets, accessories and kitchen sinks in North America and China. The Company operates Global Plumbing Group (GPG) platform in its plumbing segment, which provides infrastructure to support a multi-brand, channel and geography plumbing business. It offers Moen and Riobel brands under the GPG platform. The Doors segment provides fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segment provides a range of security and safety products under Master Lock and SentrySafe brands.
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