Masco Corp. Target of Unusually High Options Trading (MAS)
Masco Corp. (NYSE:MAS) saw unusually large options trading activity on Monday. Investors bought 12,784 call options on the stock, StockRatingsNetwork reports. This is an increase of 666% compared to the average volume of 1,668 call options.
A number of research firms have recently commented on MAS. Analysts at Jefferies Group raised their EPS on shares of Masco Corp. in a research note to investors on Monday, January 13th. They now have a “hold” rating and a $25.00 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Masco Corp. in a research note to investors on Thursday, January 9th. They now have a $26.00 price target on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Masco Corp. in a research note to investors on Monday, December 9th. They set a “sell” rating and a $20.50 price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Masco Corp. currently has an average rating of “Hold” and a consensus target price of $23.32.
Masco Corp. (NYSE:MAS) traded down 1.45% on Monday, hitting $21.70. The stock had a trading volume of 8,447,115 shares. Masco Corp. has a 52-week low of $17.66 and a 52-week high of $23.60. The stock’s 50-day moving average is $22.24 and its 200-day moving average is $21.03. The company has a market cap of $7.747 billion and a P/E ratio of 57.34.
Masco Corporation manufactures, distributes and installs home improvement and building products. The Company is a manufacturer of a number of home improvements and building products, including faucets, cabinets, architectural coatings and windows, and the installer of insulation for the new home construction market.
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