Deutsche Bank Increases H.B. Fuller Price Target to $54.00 (FUL)
Deutsche Bank hoisted their price target on shares of H.B. Fuller (NYSE:FUL) from $50.00 to $54.00 in a research note issued on Friday, AR Network reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target points to a potential upside of 6.26% from the stock’s previous close.
H.B. Fuller (NYSE:FUL) traded down 3.09% on Friday, hitting $49.25. The stock had a trading volume of 409,329 shares. H.B. Fuller has a 52-week low of $36.44 and a 52-week high of $53.31. The stock’s 50-day moving average is $50.99 and its 200-day moving average is $44.89. The company has a market cap of $2.459 billion and a price-to-earnings ratio of 25.97.
H.B. Fuller (NYSE:FUL) last announced its earnings results on Thursday, January 16th. The company reported $0.68 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.75 by $0.07. The company had revenue of $533.50 million for the quarter, compared to the consensus estimate of $528.30 million. During the same quarter last year, the company posted $0.64 earnings per share. Analysts expect that H.B. Fuller will post $3.08 EPS for the current fiscal year.
H.B. Fuller Company is formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products.
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