In today's analyst rating update, RBC Capital's Mike Dahl has upgraded Fortune Brands (FBIN, Financial) from a "Sector Perform" rating to "Outperform." The price target has been raised from $59.00 to $65.00 USD, reflecting a 10.17% increase. This change indicates a more optimistic outlook for the company's performance in the near future.

Historical analyst ratings for Fortune Brands (FBIN, Financial) are as follows:
On July 15, 2025, Barclays' analyst Matthew Bouley maintained an "Overweight" rating and raised the price target from $64.00 to $67.00 USD, a 4.69% increase. On May 8, 2025, Barclays' analyst Matthew Bouley maintained an "Overweight" rating but lowered the price target from $68.00 to $64.00 USD, a decrease of 5.88%. On May 7, 2025, UBS' analyst John Lovallo maintained a "Buy" rating and adjusted the price target from $90.00 to $82.00 USD, reflecting an 8.89% decline. On May 7, 2025, RBC Capital's Mike Dahl maintained a "Sector Perform" rating and decreased the price target from $70.00 to $59.00 USD, showing a significant 15.71% drop. On May 7, 2025, Baird's analyst Timothy Wojs maintained a "Neutral" rating and lowered the price target from $56.00 to $54.00 USD, a 3.57% reduction.

These varied analyst ratings suggest differing perspectives on Fortune Brands' (FBIN, Financial) performance potential, with the most recent upgrade by RBC Capital presenting a more favorable outlook.

Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.4 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $700 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.

Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Fortune Brands Innovations Inc (FBIN, Financial) is $66.61 with a high estimate of $84.11 and a low estimate of $51.00. The average target implies an upside of 20.47% from the current price of $55.29. More detailed estimate data can be found on the Fortune Brands Innovations Inc (FBIN) Forecast page.

Based on the consensus recommendation from 20 brokerage firms, Fortune Brands Innovations Inc's (FBIN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Fortune Brands Innovations Inc (FBIN, Financial) in one year is $74.60, suggesting a upside of 34.92% from the current price of $55.29. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Fortune Brands Innovations Inc (FBIN) Summary page.

FBIN: RBC Capital Upgrades Fortune Brands with Raised Price Targ

RBC Capital upgraded Fortune Brands (FBIN) from a 'Sector Perform' rating to 'Outperform', raising its price target from $59.00 to $65.00 USD. Historical analyst ratings show varied perspectives, with recent upgrades indicating a more optimistic outlook. Fortune Brands, a home and security products company, has three reportable segments: water, outdoors, and security, with a $2.6 billion water segment led by Moen, a $1.4 billion outdoors segment under Therma-Tru and Fiberon, and a $700 million security segment under Master Lock, SentrySafe, Yale, and August. Analysts estimate an average one-year target price of $66.61 with a 20.47% upside from the current price of $55.29.