Free Trial

Fortune Brands Innovations (FBIN) Stock Forecast & Price Target

$67.33
-1.56 (-2.26%)
(As of 04:10 PM ET)

Fortune Brands Innovations - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 10 Analyst Ratings

Consensus Price Target

$79.22
17.66% Upside
High Forecast$95.00
Average Forecast$79.22
Low Forecast$63.00
TypeCurrent Forecast
6/15/23 to 6/14/24
1 Month Ago
5/16/23 to 5/15/24
3 Months Ago
3/17/23 to 3/16/24
1 Year Ago
6/15/22 to 6/15/23
Consensus Rating
Hold
Hold
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$79.22$79.22$77.63$68.20
Forecasted Upside17.66% Upside13.20% Upside12.44% Upside8.77% Upside
Get Fortune Brands Innovations Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for FBIN and its competitors with MarketBeat's FREE daily newsletter.

FBIN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

FBIN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Fortune Brands Innovations Stock vs. The Competition

TypeFortune Brands InnovationsRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.40
2.41
2.50
Consensus RatingHoldHoldHold
Predicted Upside17.63% Upside46.21% Upside12.43% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/1/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetIn-Line ➝ In-Line$79.00 ➝ $78.00+10.53%
5/1/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$85.00 ➝ $86.00+17.65%
1/31/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Market Perform$76.00 ➝ $82.00+1.46%
1/31/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$87.00 ➝ $95.00+17.55%
1/19/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageMarket Perform
12/14/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$68.00 ➝ $86.00+12.98%
10/26/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Perform ➝ Sector Perform$74.00 ➝ $63.00+11.35%
10/26/2023Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$75.00 ➝ $65.00+14.62%
10/12/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$90.00 ➝ $88.00+40.87%
6/23/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight ➝ Neutral$73.00 ➝ $70.00+3.83%
4/28/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$67.00 ➝ $72.00+14.01%
3/9/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underperform$48.00-20.97%
2/2/2023Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$65.00-1.66%
1/30/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underperform$61.00 ➝ $60.00-4.85%
12/16/2022Zelman & Associates
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:57 PM ET.

FBIN Frequently Asked Questions

What is Fortune Brands Innovations's stock forecast and purchase recommendation?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Fortune Brands Innovations is $79.22, with a high forecast of $95.00 and a low forecast of $63.00. The consensus rating for Fortune Brands Innovations stock is Hold based on the current 6 hold ratings and 4 buy ratings for FBIN. Learn more on FBIN's analyst rating history.

Do Wall Street analysts like Fortune Brands Innovations more than its competitors?

Analysts like Fortune Brands Innovations less than other "retail/wholesale" companies. The consensus rating score for Fortune Brands Innovations is 2.40 while the average consensus rating score for "retail/wholesale" companies is 2.41. Learn more on how FBIN compares to other companies.

Does Fortune Brands Innovations's stock price have much upside?

According to analysts, Fortune Brands Innovations's stock has a predicted upside of 13.20% based on their 12-month stock forecasts.

What analysts cover Fortune Brands Innovations?

Fortune Brands Innovations has been rated by research analysts at Evercore ISI, and Robert W. Baird in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:FBIN) was last updated on 6/14/2024 by MarketBeat.com Staff

From Our Partners