Masco (NYSE:MAS) has been assigned a $45.00 price target by stock analysts at Royal Bank of Canada in a note issued to investors on Friday, TipRanks reports. The brokerage currently has a “buy” rating on the construction company’s stock. Royal Bank of Canada’s target price points to a potential upside of 9.14% from the stock’s previous close.

A number of other research analysts also recently commented on MAS. Robert W. Baird set a $81.00 price objective on shares of W. R. Grace & Co and gave the company a “buy” rating in a research note on Friday. Barclays set a $46.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research note on Friday, April 26th. Zelman & Associates raised shares of Masco from a “hold” rating to a “buy” rating in a research note on Monday, April 29th. Zacks Investment Research downgraded shares of HANNOVER RUECK/S from a “hold” rating to a “sell” rating in a research note on Monday, April 22nd. Finally, Raymond James set a $240.00 price objective on shares of Stryker and gave the company a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company. Masco currently has a consensus rating of “Buy” and an average target price of $44.76.

MAS stock traded down $0.27 during trading on Friday, hitting $41.23. The stock had a trading volume of 62,748 shares, compared to its average volume of 2,924,401. The company has a 50 day moving average price of $38.74. Masco has a 1-year low of $27.03 and a 1-year high of $42.58. The company has a market capitalization of $12.18 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.66 and a beta of 1.46. The company has a debt-to-equity ratio of 39.03, a quick ratio of 0.96 and a current ratio of 1.46.

Masco (NYSE:MAS) last announced its earnings results on Thursday, July 25th. The construction company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.07. Masco had a net margin of 8.77% and a return on equity of 792.80%. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the company posted $0.75 EPS. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. As a group, analysts predict that Masco will post 2.66 earnings per share for the current year.

Large investors have recently modified their holdings of the company. Penserra Capital Management LLC purchased a new stake in shares of Masco during the 1st quarter worth about $29,000. Ellis Investment Partners LLC purchased a new stake in shares of Masco during the 1st quarter worth about $38,000. Zions Bancorporation N.A. purchased a new stake in shares of Masco during the 1st quarter worth about $44,000. SevenBridge Financial Group LLC grew its holdings in shares of Masco by 271.3% during the 2nd quarter. SevenBridge Financial Group LLC now owns 1,218 shares of the construction company’s stock worth $48,000 after purchasing an additional 890 shares during the period. Finally, NuWave Investment Management LLC grew its holdings in shares of Masco by 305.1% during the 2nd quarter. NuWave Investment Management LLC now owns 1,260 shares of the construction company’s stock worth $50,000 after purchasing an additional 949 shares during the period. Institutional investors and hedge funds own 90.02% of the company’s stock.

About Masco

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

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Analyst Recommendations for Masco (NYSE:MAS)

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