Garage doors

Griffon Corporation – Consensus indicates upside potential of 62.1%

Griffin Corporation found using the ticker (GFF) now have 5 total analysts covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and the low target price is between 54 and 40 with an average TP of 46.4. Given that the stock’s previous close was at 28.63, this would indicate that there is upside potential of 62.1%. The 50-day MA is 31.16 and the 200-day moving average is 26.28. The company has a market cap of $1,635 million. More information on: https://www.griffon.com

The potential market capitalization would be $2,651 million based on market consensus.

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Griffon Corporation, through its subsidiaries, provides consumer and professional products, as well as home and construction products in the United States, Europe, Canada, Australia and around the world. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for home users and professionals; wood and wire closet organization, general living storage, and wire mesh garage storage products for home center retail chains, mass merchants, and professional direct-to-builder installers; wheelbarrows and lawn carts; snow, striking and hand tools; planters and lawn accessories; watering hose; and secateurs, loppers, shears and other tools, as well as cleaning products for professional, domestic and industrial use. The Company’s Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and steel rolling door and gate products for commercial, industrial, institutional and retail use. It sells its products under the brands True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+ and SpaceCreations. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1959 and is headquartered in New York, New York.