Goldman Sachs Starts Fortune Brands Home (FBHS) at Neutral
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Price: $61.90 --0%
Rating Summary:
12 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Fortune Brands Home (NYSE: FBHS) with a Neutral. PT $15.00.
The firm notes near-term Street estimates for 4Q2011 EPS are above company guidance and the 40% EPS growth forecast for FY12 is aggressive. That said, Goldman likes the company's low leverage, strong brands and management.
For an analyst ratings summary and ratings history on Fortune Brands Home click here. For more ratings news on Fortune Brands Home click here.
Shares of Fortune Brands Home closed at $16.32 yesterday.
The firm notes near-term Street estimates for 4Q2011 EPS are above company guidance and the 40% EPS growth forecast for FY12 is aggressive. That said, Goldman likes the company's low leverage, strong brands and management.
For an analyst ratings summary and ratings history on Fortune Brands Home click here. For more ratings news on Fortune Brands Home click here.
Shares of Fortune Brands Home closed at $16.32 yesterday.
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