Masco (MAS – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Ketan Mamtora from BMO Capital maintained a Hold rating on the stock and has a $65.00 price target.
Ketan Mamtora has given his Hold rating due to a combination of factors affecting Masco’s stock. The primary concern is the uncertainty surrounding tariffs, which is expected to keep the stock’s performance within a limited range in the near term. Additionally, there is a noticeable softness in demand trends within the DIY segment, which poses a risk to the company’s growth prospects.
Another significant factor is the potential negative impact of price increases aimed at counteracting the tariff burden, which could further suppress demand. While Masco’s balance sheet remains strong and its valuation appears reasonable, the weakening demand environment and substantial tariff costs make the case for buying the stock less compelling at this time. Consequently, Mamtora maintains a Market Perform rating and has adjusted the target price to $65.
In another report released today, Loop Capital Markets also maintained a Hold rating on the stock with a $62.00 price target.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MAS in relation to earlier this year.