Sherwin-Williams Company (The) (SHW) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $370 and the lowest price target forecast is $295. The average forecast of all the analysts is $327.7 and the expected standard deviation is $23.06.
Sherwin-Williams Company (The) (SHW) : The consensus on Sherwin-Williams Company (The) (SHW) based on 10 analyst recommendation on the company stock is 1.7, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, CLSA upgrades its rating on Sherwin-Williams Company (The) (NYSE:SHW). Analysts at the CLSA have a current rating of Buy on the shares. The shares were previously rated Outperform. The rating by the firm was issued on July 22, 2016.
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 $283.37 and $282.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $286.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $285.27, notching a gain of 0.55% for the day. The total traded volume was 1,019,099 . The stock had closed at $283.71 on the previous day.
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.