Masco Co. (NYSE:MAS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Masco Co. (NYSE:MAS) has been given a consensus rating of “Moderate Buy” by the fourteen brokerages that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $86.27.

MAS has been the topic of a number of research reports. Jefferies Financial Group lowered Masco from a “buy” rating to a “hold” rating and cut their price target for the company from $96.00 to $89.00 in a report on Monday, December 16th. Barclays lowered their target price on Masco from $93.00 to $84.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Robert W. Baird lowered their target price on Masco from $95.00 to $94.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Oppenheimer raised Masco from a “market perform” rating to an “outperform” rating and set a $89.00 target price on the stock in a research report on Friday, January 10th. Finally, StockNews.com downgraded Masco from a “buy” rating to a “hold” rating in a research report on Friday, November 15th.

Masco Stock Performance

Shares of Masco stock opened at $79.28 on Monday. The firm has a market cap of $17.10 billion, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The stock’s 50-day moving average is $77.04 and its 200-day moving average is $78.51. Masco has a one year low of $63.81 and a one year high of $86.70. The company has a debt-to-equity ratio of 20.74, a current ratio of 1.83 and a quick ratio of 1.21.

Institutional Investors Weigh In On Masco

Institutional investors have recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in shares of Masco during the fourth quarter worth approximately $27,000. ORG Wealth Partners LLC bought a new stake in shares of Masco during the fourth quarter worth approximately $27,000. Kestra Investment Management LLC bought a new stake in shares of Masco in the fourth quarter valued at approximately $30,000. Capital Performance Advisors LLP bought a new stake in shares of Masco in the third quarter valued at approximately $38,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Masco in the third quarter valued at approximately $43,000. Institutional investors own 93.91% of the company’s stock.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.