Fletcher Building Limited (Australia) Rating Reiterated by Credit Suisse (FBU)
Fletcher Building Limited (Australia) (ASX:FBU)‘s stock had its “underweight” rating restated by Credit Suisse in a research note issued on Monday, AnalystRatingsNetwork.com reports.
Fletcher Building Limited (ASX:FBU) traded up 0.12% on Monday, hitting A$8.450. The stock had a trading volume of 232,382 shares. Fletcher Building Limited has a 52-week low of A$5.450 and a 52-week high of A$8.785. The stock has a 50-day moving average of A$7.94 and a 200-day moving average of A$7.28. The company has a market cap of A$5.772 billion and a price-to-earnings ratio of 21.75.
Fletcher Building Limited is a building materials manufacturer. The Company operates in seven divisions: Building Products, which includes plasterboard group, insulation group, roof tile group and single businesses; Concrete, which includes concrete new Zealand and concrete Australia; Construction; Crane, which includes pipelines, crane distribution Australia, crane distribution New Zealand and industrial products; Distribution; Laminates & Panels, and Steel, which includes coated steel, long steel and distribution.
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