# Fortune Brands Innovations, Inc. – Consensus ‘buy’ rating and 30.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortune-brands-innovations-inc.consensus-buy-rating-and-30.7-upside-potential/4121129668
- Published: 2023-10-13T15:08:25+01:00
- Author: Charlotte Edwards

**Fortune Brands Innovations, Inc.** with ticker code (FBIN) have now 15 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between 91 and 65 calculating
the average target price we see $81.67. Given that the stocks previous close was
at $62.47 this now indicates there is a potential upside of 30.7%. The 50 day MA
is $65.68 and the 200 moving average now moves to $64.19. The market capitalization
for the company is 7.75B. The stock price is currently at: 59.74 USD

 The potential market cap would be $10,136,799,721 based on the market consensus.

The company has a dividend yield of 6.9%. Other points of data to note are a P/E
ratio of 16.83, revenue per share of 35.4 and a 5.91% return on assets.

Fortune Brands Innovations, Inc. is a home, security and commercial building products
company. The Company operates through two segments: Water Innovations and Outdoors&
Security. Its Water Innovations segment manufactures or assembles and sells faucets,
accessories, kitchen sinks and waste disposals, predominantly under the Moen, ROHL,
Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa and Shaws brands. Its Outdoors &
Security segment manufactures and sells fiberglass and steel entry door systems 
under the Therma-Tru brand, storm, screen and security doors under the Larson brand,
composite decking, railing and cladding under the Fiberon brand, and urethane millwork
under the Fypon brand. It sells its products through a range of sales channels, 
including kitchen and bath dealers, wholesalers oriented toward builders or professional
remodelers, industrial and locksmith distributors, do-it-yourself remodeling-oriented
home centers, showrooms, e-commerce and other retail outlets.

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