Valspar Corporation (The) (VAL) Receives Analyst Rating

Valspar Corporation (The) (VAL) : 1 brokerage houses believe that Valspar Corporation (The) (VAL) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Valspar Corporation (The) (VAL). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 2.79.

Valspar Corporation (The) (VAL) : 7 investment research analysts covering Valspar Corporation (The) (VAL) have an average price target of $109.57 for the near short term. The highest target price given by the Brokerage Firm to the stock is $113 and the lowest target is $95 for the short term. Analysts expect the variance to be within $6.58 of the average price.


Valspar Corporation (The) (NYSE:VAL): The stock was completely flat for the day, closing at $105.71 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $105.66, the stock touched an intraday high of $105.98 and a low of $105.55. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $105.71. The total trading volume on Thursday was 477,808.

The Valspar Corporation is engaged in developing, manufacturing and distributing a range of coatings, paints and related products. The Company operates through two business segments: Coatings and Paints. The Coatings segment includes the Companys industrial product lines and packaging product line. The Company offers a range of decorative and protective coatings for metal, wood and plastic, primarily for sale to original equipment manufacturing (OEM) customers in Asia, Australia, Europe, North America and South America. The Paints segment includes the Companys consumer paints and automotive paint refinish product lines. The Company offers a range of paints, primers, topcoats and aerosol spray paints through retailers, distribution networks and Company-owned stores.

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