H.B. Fuller Receives Neutral Rating from JPMorgan Chase & Co. (FUL)
H.B. Fuller (NYSE:FUL)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. They currently have a $49.00 target price on the stock, up from their previous target price of $46.00. JPMorgan Chase & Co.’s target price would indicate a potential upside of 3.29% from the company’s current price.
Shares of H.B. Fuller (NYSE:FUL) traded up 0.76% on Friday, hitting $47.80. The stock had a trading volume of 184,572 shares. H.B. Fuller has a 1-year low of $36.45 and a 1-year high of $53.31. The stock’s 50-day moving average is $48.60 and its 200-day moving average is $48.37. The company has a market cap of $2.384 billion and a P/E ratio of 26.91.
H.B. Fuller (NYSE:FUL) last released its earnings data on Wednesday, June 25th. The company reported $0.78 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.78. The company had revenue of $544.00 million for the quarter, compared to the consensus estimate of $545.18 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Analysts expect that H.B. Fuller will post $3.07 EPS for the current fiscal year.
Separately, analysts at Deutsche Bank upgraded shares of H.B. Fuller from a “hold” rating to a “buy” rating in a research note on Friday.
H.B. Fuller Company is formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.