RPM International (RPM) Receives Price Target

RPM International (RPM) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $60 and the lowest price target forecast is $56. The average forecast of all the analysts is $57.67 and the expected standard deviation is $2.08.

RPM International (RPM) : Zacks Investment Research ranks RPM International (RPM) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.14, which indicates as a Buy.


Also, In a research note released to the investors, Seaport Global downgrades its rating on RPM International (NYSE:RPM).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on August 10, 2016.

RPM International (NYSE:RPM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.60 and $54.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.57, notching a gain of 0.07% for the day. The total traded volume was 472,355 . The stock had closed at $54.53 on the previous day.

RPM International Inc., through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives. The Company operates through two segments, which include industrial segment and consumer segment. Its industrial segment products are sold throughout North America. Its industrial product lines are sold directly to contractors, distributors and end users. The Companys consumer segment manufactures and markets professional use and do-it-yourself (DIY) products for a range of consumer applications, including home improvement and personal leisure activities. Its family of products includes those marketed under brand names, such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser.

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