Analysts Set HB Fuller Co (FUL) Target Price at $60.63
Shares of HB Fuller Co (NYSE:FUL) have earned a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $60.63.
FUL has been the topic of several analyst reports. Stifel Nicolaus assumed coverage on HB Fuller in a report on Monday, December 10th. They set a “buy” rating and a $62.00 target price on the stock. Deutsche Bank lowered their price objective on HB Fuller from $62.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, September 28th. Zacks Investment Research upgraded HB Fuller from a “sell” rating to a “hold” rating in a research note on Tuesday, November 13th. Robert W. Baird lowered their price objective on HB Fuller from $60.00 to $55.00 and set a “neutral” rating for the company in a research note on Friday, September 28th. Finally, ValuEngine lowered HB Fuller from a “hold” rating to a “sell” rating in a research note on Friday, September 28th.
In other HB Fuller news, VP Traci L. Jensen sold 4,129 shares of the stock in a transaction that occurred on Tuesday, November 13th. The stock was sold at an average price of $46.01, for a total transaction of $189,975.29. Following the transaction, the vice president now owns 20,997 shares of the company’s stock, valued at approximately $966,071.97. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 3.46% of the company’s stock.
HB Fuller stock traded up $0.37 during midday trading on Tuesday, hitting $45.17. 166,153 shares of the company were exchanged, compared to its average volume of 471,602. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. HB Fuller has a fifty-two week low of $39.61 and a fifty-two week high of $59.58. The company has a quick ratio of 1.48, a current ratio of 2.25 and a debt-to-equity ratio of 2.03.
About HB Fuller
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, and other specialty chemical products worldwide. The company operates through six segments: Americas Adhesives; EIMEA (Europe, India, Middle East and Africa); Asia Pacific; Construction Products; Engineering Adhesives; and Royal Adhesives.
Featured Story: Price to Earnings Ratio (PE), For Valuing Stocks
Receive News & Ratings for HB Fuller Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HB Fuller and related companies with MarketBeat.com's FREE daily email newsletter.