Griffon Corporation – Consensus indicates 43.1% upside potential

Griffin Corporation found using the ticker (GFF) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and the low target price is between 44 and 33, with the middle target price at 36.6. Now, with the previous closing price of 25.57, this would indicate that there is 43.1% upside potential. There is a 50 day moving average of 27.1 and the 200 moving average is now moving to 25.79. The company’s market capitalization is $1,388 million. Visit the company’s website at: https://www.griffon.com

The potential market capitalization would be $1,987 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 gate and door 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.

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