Newell Rubbermaid (NWL) has been under a strong bear grip, hence the stock is down -3.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.63% in the past 1 week. The stock has risen by 1.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.22% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.35% and the 50-Day Moving Average is 1.44%.The 200 Day SMA reached 12.72% Newell Brands Inc. is up 5.79% in the last 3-month period. Year-to-Date the stock performance stands at 17.14%.
Newell Rubbermaid (NWL) : 13 investment research analysts covering Newell Rubbermaid (NWL) have an average price target of $59.46 for the near short term. The highest target price given by the Brokerage Firm to the stock is $66 and the lowest target is $52 for the short term. Analysts expect the variance to be within $3.36 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Newell Rubbermaid (NYSE:NWL): The stock opened at $50.48 and touched an intraday high of $51.06 on Friday. During the day, the stock corrected to an intraday low of $50.13, however, the bulls stepped in and pushed the price higher to close in the green at $50.99 with a gain of 0.31% for the day. The total traded volume for the day was 6,170,344. The stock had closed at $50.99 in the previous trading session.
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.