Analyst Rating Update on Whirlpool Corporation (WHR)

Whirlpool Corporation (NYSE:WHR) has an average broker rating of 1.22, which is interpreted as a Strong Buy, as rated by 9 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Whirlpool Corporation (NYSE:WHR) : The highest short term price target forecast on Whirlpool Corporation (NYSE:WHR) is $230 and the lowest target price is $175. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $201.88 with a standard deviation of $17.68.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, MKM Partners, maintains their rating on the shares of Whirlpool Corporation (NYSE:WHR). MKM Partners has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $204 per share from a prior target of $175. The rating by the firm was issued on April 1, 2016.

Whirlpool Corporation (NYSE:WHR): stock turned positive on Tuesday. Though the stock opened at $159.13, the bulls momentum made the stock top out at $161.61 level for the day. The stock recorded a low of $158.43 and closed the trading day at $161.04, in the green by 4.26%. The total traded volume for the day was 1,718,488. The stock had closed at $154.46 in the previous days trading.

In an insider trading activity, The officer (EXEC. VICE PRESIDENT AND CFO), of Whirlpool Corp /De/, Venturelli Larry M had unloaded 20,428 shares at $176.25 per share in a transaction on May 10, 2016. The total value of transaction was $3,600,435. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.

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