RBC Capital Downgrades Masonite International: Here's What You Need To Know

RBC Capital downgraded its rating of Masonite International DOOR to Sector Perform with a price target of $89.00, changing its price target from $91.00 to $89.00.

Shares of Masonite International are trading down 2.7% over the last 24 hours, at $87.25 per share.

A move to $89.00 would account for a 2.01% increase from the current share price.

About Masonite International

Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.

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