Sherwin-Williams Company (The) (SHW) : Zacks Investment Research ranks Sherwin-Williams Company (The) (SHW) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.85, which indicates as a Buy.
Sherwin-Williams Company (The) (SHW) : Average target price received by Sherwin-Williams Company (The) (SHW) is $327.46 with an expected standard deviation of $21.89. The most aggressive target on the stock is $370, whereas the most downbeat target is $295. 11 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Sherwin-Williams Company (The) (NYSE:SHW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $298.12 and $295.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $298.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $296.74, notching a gain of 0.09% for the day. The total traded volume was 532,034 . The stock had closed at $296.46 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Morikis John G, director officer (President & CEO) of Sherwin Williams Co, had unloaded 30,353 shares at an average price of $298.1 in a transaction dated on August 1, 2016. The total value of the transaction was worth $9,048,229.
The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.