Masco Corporation (NYSE:MAS)‘s stock had its “buy” rating reiterated by research analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday. They presently have a $43.00 target price on the construction company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 11.00% from the stock’s previous close.

A number of other research analysts also recently issued reports on MAS. Longbow Research reiterated a “buy” rating and set a $42.00 target price on shares of Masco Corporation in a research report on Tuesday, July 4th. Instinet restated a “buy” rating and set a $41.00 price objective (up previously from $39.00) on shares of Masco Corporation in a report on Friday, May 19th. MKM Partners restated a “buy” rating and set a $43.00 price objective (up previously from $40.00) on shares of Masco Corporation in a report on Friday, May 19th. Robert W. Baird restated an “outperform” rating and set a $40.00 price objective on shares of Masco Corporation in a report on Wednesday, May 17th. Finally, Deutsche Bank AG upped their price objective on shares of Masco Corporation from $31.00 to $35.00 and gave the stock a “hold” rating in a report on Friday, April 28th. Four research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $39.89.

Masco Corporation (NYSE:MAS) traded down 0.44% on Tuesday, reaching $38.57. 274,172 shares of the company were exchanged. The company’s 50-day moving average price is $37.66 and its 200-day moving average price is $34.70. The stock has a market capitalization of $12.19 billion, a P/E ratio of 24.41 and a beta of 1.56. Masco Corporation has a 12-month low of $29.38 and a 12-month high of $39.37.

Masco Corporation (NYSE:MAS) last released its earnings results on Tuesday, April 25th. The construction company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.06. Masco Corporation had a net margin of 7.04% and a return on equity of 19,054.54%. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same quarter in the previous year, the company earned $0.32 EPS. Masco Corporation’s quarterly revenue was up 3.3% compared to the same quarter last year. Equities research analysts anticipate that Masco Corporation will post $1.96 earnings per share for the current fiscal year.

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In related news, VP John P. Lindow sold 34,417 shares of the stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $37.14, for a total transaction of $1,278,247.38. Following the completion of the transaction, the vice president now owns 102,434 shares in the company, valued at $3,804,398.76. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Renee Straber sold 4,452 shares of the stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $38.58, for a total transaction of $171,758.16. Following the transaction, the vice president now owns 65,961 shares of the company’s stock, valued at approximately $2,544,775.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 194,401 shares of company stock valued at $7,204,672. Company insiders own 1.30% of the company’s stock.

A number of institutional investors have recently bought and sold shares of MAS. Atria Investments LLC raised its position in Masco Corporation by 51.9% in the first quarter. Atria Investments LLC now owns 13,521 shares of the construction company’s stock valued at $460,000 after buying an additional 4,618 shares during the last quarter. Bank of Montreal Can raised its position in Masco Corporation by 6.6% in the first quarter. Bank of Montreal Can now owns 189,991 shares of the construction company’s stock valued at $6,457,000 after buying an additional 11,775 shares during the last quarter. National Pension Service raised its position in Masco Corporation by 5.4% in the first quarter. National Pension Service now owns 320,459 shares of the construction company’s stock valued at $10,838,000 after buying an additional 16,515 shares during the last quarter. Gulf International Bank UK Ltd raised its position in Masco Corporation by 1.7% in the first quarter. Gulf International Bank UK Ltd now owns 106,518 shares of the construction company’s stock valued at $3,620,000 after buying an additional 1,800 shares during the last quarter. Finally, Creative Planning raised its position in Masco Corporation by 13.4% in the first quarter. Creative Planning now owns 14,145 shares of the construction company’s stock valued at $481,000 after buying an additional 1,673 shares during the last quarter. Institutional investors own 88.84% of the company’s stock.

Masco Corporation Company Profile

Masco Corporation designs, manufactures, markets and distributes branded home improvement and building products. The Company operates through four business segments: Plumbing Products, Decorative Architectural Products, Cabinetry Products, and Windows and Other Specialty Products. The Company’s portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; KRAFTMAID and MERILLAT cabinets; MILGARD windows and doors, and HOT SPRING spas.

Analyst Recommendations for Masco Corporation (NYSE:MAS)

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