Masco Corporation (MAS) Receives Price Target

Masco Corporation (MAS) : The highest short term price target forecast on Masco Corporation (MAS) is $42 and the lowest target price is $29. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $37.6 with a standard deviation of $4.72.

Masco Corporation (MAS) has an average broker rating of 1.83, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Citigroup maintains its view on Masco Corporation (NYSE:MAS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Citigroup raises the price target from $33 per share to $38 per share on Masco Corporation. The rating by the firm was issued on July 29, 2016.

Masco Corporation (NYSE:MAS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.50 and $35.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.53, notching a gain of 0.14% for the day. The total traded volume was 4,287,412 . The stock had closed at $35.48 on the previous day.

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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