Masco Corporation (MAS) Receives ‘Analyst’ Rating

Masco Corporation (MAS) : Zacks Investment Research ranks Masco Corporation (MAS) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.83, which indicates as a Buy.

Masco Corporation (MAS) : The highest level Masco Corporation (MAS) is projected to reach is $42 for the short term and the lowest estimate is at $29. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $37.6 and the possibility the share price can swing is $4.72.


Also, In a research note released to the investors, Citigroup maintains its rating on Masco Corporation (NYSE:MAS).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Citigroup raises the new price target from $33 per share to $38 per share. The rating by the firm was issued on July 29, 2016.

Masco Corporation (NYSE:MAS): After opening at $33.26, the stock dipped to an intraday low of $33.2 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $33.6799 and the buying power remained strong till the end. The stock closed at $33.6 for the day, a gain of 1.08% for the day session. The total traded volume was 2,956,815. The stocks close on the previous trading day was $33.24.

Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.

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