Benchmark Maintains Speculative Buy Rating for FGI Industries: Here's What You Need To Know

Benchmark has decided to maintain its Speculative Buy rating of FGI Industries FGI and lower its price target from $5.00 to $4.00.

Shares of FGI Industries are trading down 2.23% over the last 24 hours, at $1.75 per share.

A move to $4.00 would account for a 128.57% increase from the current share price.

About FGI Industries

FGI Industries Ltd is a supplier of kitchen and bath products. It offers sanitaryware, bath furniture, shower systems, customer kitchen cabinetry, and other accessory items. It is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. its revenue is generated by sanitaryware. Geographically it operates in the United States, Canada, Europe, Rest of the World, and the majority of its revenue comes from the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.