# Fortune Brands Innovations, Inc. – Consensus ‘buy’ rating and 33.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/fortune-brands-innovations-inc.consensus-buy-rating-and-33.0-upside-potential/4121130157
- Published: 2023-10-20T15:12:28+01:00
- Author: Charlotte Edwards

**Fortune Brands Innovations, Inc.** which can be found using ticker (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
88 and 65 calculating the average target price we see $78.13. Given that the stocks
previous close was at $58.74 this now indicates there is a potential upside of 33.0%.
The 50 day MA is $64.52 and the 200 moving average now moves to $64.25. The total
market capitalization for the company now stands at 7.48B. The stock price for the
company is currently 57.6 USD

 The potential market cap would be $9,943,766,766 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 16.23, 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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