JPMorgan Chase & Co. Reiterates “Hold” Rating for Masonite International (NYSE:DOOR)
JPMorgan Chase & Co. reiterated their hold rating on shares of Masonite International (NYSE:DOOR) in a research note issued to investors on Thursday morning, TipRanks reports. The brokerage currently has a $90.00 price objective on the stock.
A number of other equities research analysts have also recently commented on DOOR. Benchmark started coverage on shares of Masonite International in a report on Wednesday, February 5th. They issued a buy rating and a $100.00 target price for the company. ValuEngine raised shares of Masonite International from a strong sell rating to a sell rating in a report on Tuesday, January 28th. Stifel Nicolaus raised shares of Masonite International from a hold rating to a buy rating and upped their target price for the company from $50.00 to $80.00 in a report on Wednesday, November 6th. Nomura upped their target price on shares of Masonite International from $77.00 to $81.00 in a report on Tuesday, November 19th. Finally, Robert W. Baird upped their target price on shares of Masonite International from $65.00 to $72.00 and gave the company an outperform rating in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $77.60.
Shares of NYSE:DOOR traded up $0.96 on Thursday, reaching $80.56. The company’s stock had a trading volume of 122,677 shares, compared to its average volume of 151,180. The stock’s 50-day moving average is $75.77 and its two-hundred day moving average is $64.10. Masonite International has a 52-week low of $47.04 and a 52-week high of $80.56. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.65 and a quick ratio of 1.72. The stock has a market capitalization of $1.97 billion, a P/E ratio of 37.30 and a beta of 1.43.
About Masonite International
Masonite International Corporation designs, manufactures, and distributes interior and exterior doors for the new construction and repair, renovation, and remodeling sectors of the residential and non-residential building construction markets worldwide. The company offers molded panel, flush, stile and rail, routed medium-density fiberboard (MDF), steel, and fiberglass residential doors, as well as architectural interior doors.
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