Zacks Investment Research Lowers Fortune Brands Home & Security (NYSE:FBHS) to Hold

Zacks Investment Research lowered shares of Fortune Brands Home & Security from a buy rating to a hold rating and set a $60.00 price target on the stock. in a research report on Monday, July 1st.

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What’s inside? Within our up-to-date Fortune Brands Home & Security Inc (FBHS) Stock Research Report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Fortune Brands Home & Security Inc (FBHS).

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Fortune Brands Home Security (NYSE: FBHS) Q1 2019 Earnings CallApril 24, 2019 4:30 p.m. ET Continue Reading Below operator good afternoon. My name is Josh, and I will be your conference operator today.

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Zacks Investment Research cut shares of Fortune Brands Home & Security (NYSE:FBHS) from a hold rating to a sell rating in a report issued on Monday morning, reports. Zacks Investment Research currently has $54.00 price objective on the industrial products company’s stock. According to Zacks, "Fortune Brands’ second-quarter 2019 earnings and revenues improved 3% [.]

Fortune Brands Home & Security (FBHS) Meets Q2 Earnings Estimates Zacks Equity Research – Zacks Investment Research – Thu Aug 1, 4:35PM CDT Zacks Equity Research – ZACKS – Thu Aug 1, 4:35PM CDT Fortune Brands Home & Security (FBHS) delivered earnings and revenue surprises of 0.00% and -1.23%, respectively, for the quarter ended June 2019.

Fortune Brands Home & Security Inc (NYSE:FBHS) issued its quarterly earnings results on Thursday, August, 1st. The industrial products company reported $1.03 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.03.

FBHS: Fortune Brands Home & Security, Inc. balance sheet. Get the latest balance sheet from Zacks Investment Research.

Welch Group LLC purchased a new stake in Fortune Brands Home & Security Inc (NYSE:FBHS) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,838 shares of the industrial products company’s stock, valued at approximately $105,000.