Recent Investment Analysts’ Ratings Changes for Sherwin-Williams Company (The) (SHW)

A number of firms have modified their ratings and price targets on shares of Sherwin-Williams Company (The) (NYSE: SHW) recently:

  • 10/25/2017 – Sherwin-Williams Company (The) had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $400.00 price target on the stock, up previously from $360.00.
  • 10/25/2017 – Sherwin-Williams Company (The) had its price target raised by analysts at UBS AG from $375.00 to $395.00. They now have a “neutral” rating on the stock.
  • 10/25/2017 – Sherwin-Williams Company (The) had its price target raised by analysts at Citigroup Inc. from $405.00 to $442.00. They now have a “buy” rating on the stock.
  • 10/18/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Zelman & Associates from a “hold” rating to a “buy” rating.
  • 10/9/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Longbow Research. They now have a $440.00 price target on the stock, up previously from $400.00.
  • 10/6/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Northcoast Research. They now have a $435.00 price target on the stock, up previously from $375.00.
  • 10/5/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “buy” rating. They now have a $435.00 price target on the stock, up previously from $325.00.
  • 10/4/2017 – Sherwin-Williams Company (The) had its price target raised by analysts at Royal Bank Of Canada from $390.00 to $423.00. They now have an “outperform” rating on the stock.
  • 10/4/2017 – Sherwin-Williams Company (The) had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $440.00 price target on the stock, up previously from $415.00.
  • 10/4/2017 – Sherwin-Williams Company (The) had its price target raised by analysts at Jefferies Group LLC from $364.00 to $400.00. They now have a “hold” rating on the stock.
  • 10/4/2017 – Sherwin-Williams Company (The) had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $410.00 price target on the stock, up previously from $375.00.
  • 10/4/2017 – Sherwin-Williams Company (The) was given a new $425.00 price target on by analysts at Morgan Stanley. They now have an “overweight” rating on the stock.
  • 10/4/2017 – Sherwin-Williams Company (The) had its “hold” rating reaffirmed by analysts at Vertical Research. They now have a $375.00 price target on the stock, up previously from $335.00.
  • 10/2/2017 – Sherwin-Williams Company (The) was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Sherwin-Williams has lowered its earnings outlook for the third quarter of 2017 factoring in the impacts of disruptions in its operations from recent hurricanes. The company also faces earnings headwinds from sizable charges related to Valspar acquisition. Moreover, it remains exposed to raw material cost pressure and weakness in Europe. The company's stretched valuation is another concern. However, Sherwin-Williams has outperformed the industry it belongs to over the past year. “
  • 9/29/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $375.00 price target on the stock.
  • 9/20/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 9/20/2017 – Sherwin-Williams Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $380.00 price target on the stock. According to Zacks, “Estimates for Sherwin-Williams for the third quarter of 2017 have been going up of late. Sherwin-Williams has outperformed the industry it belongs to over the past year. The buyout of Valspar has expanded the company's brand portfolio and positioned it as a leading paints and coatings provider globally. Sherwin-Williams should gain from significant synergies of the Valspar acquisition. The company is also benefiting from its actions to cut operating costs. Moreover, it remains focused on growth through expansion of operations. “
  • 9/3/2017 – Sherwin-Williams Company (The) had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $415.00 price target on the stock.

Sherwin-Williams Company (SHW) traded down 0.46% during midday trading on Wednesday, reaching $393.32. The company had a trading volume of 77,742 shares. The company’s 50 day moving average is $370.81 and its 200-day moving average is $348.75. Sherwin-Williams Company has a 52-week low of $240.40 and a 52-week high of $398.22. The company has a market capitalization of $36.52 billion, a P/E ratio of 32.43 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) last issued its earnings results on Tuesday, October 24th. The specialty chemicals company reported $4.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.70 by $0.05. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.45 billion. Sherwin-Williams Company (The) had a net margin of 7.82% and a return on equity of 58.02%. The firm’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same period last year, the firm posted $4.23 earnings per share. Equities analysts expect that Sherwin-Williams Company will post $14.52 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Thursday, November 16th. Sherwin-Williams Company (The)’s payout ratio is 29.90%.

The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items.

What are top analysts saying about Sherwin-Williams Company (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Sherwin-Williams Company (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit