Brokerage Firm Rating Update on Newell Rubbermaid (NWL)

Newell Rubbermaid (NWL) : 15 analysts are covering Newell Rubbermaid (NWL) and their average rating on the stock is 1.23, which is read as a Strong Buy. 12 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Newell Rubbermaid (NWL) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Newell Rubbermaid (NWL) : The most positive equity analysts on Newell Rubbermaid (NWL) expects the shares to touch $66, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 13 Wall Street Brokerage Firms. The average price target for shares are $59.46 with an expected fluctuation of $3.36 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, UBS maintains its view on Newell Rubbermaid (NYSE:NWL) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. UBS raises the price target from $55 per share to $59 per share on Newell Rubbermaid . The rating by the firm was issued on August 1, 2016.

Newell Rubbermaid (NYSE:NWL): stock was range-bound between the intraday low of $53.06 and the intraday high of $54.015 after having opened at $53.75 on Wednesdays session. The stock finally closed in the red at $53.75, a loss of -0.76%. The stock remained in the red for the whole trading day. The total traded volume was 3,068,713 shares. The stock failed to cross $54.015 in Wednesdays trading. The stocks closing price on Thursday was $54.04.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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