A statement released earlier today by Zacks Investment Research about Newell Brands Inc (NYSE:NWL) bumps the target price to $59.00
- Updated: October 3, 2016
Stating a potential upside of 0.13%, Zacks Investment Research increased the stock price target of Newell Brands Inc (NYSE:NWL) to $59.00
Previously on 8/01/2016, Deutsche Bank reported on Newell Brands Inc (NYSE:NWL) increased the target price from $52.00 to $60.00. At the time, this indicated a possible upside of 0.11%.
Just yesterday Newell Brands Inc (NYSE:NWL) traded -0.78% lower at $52.19. Newell Brands Inc’s 50-day moving average is $52.74 and its 200-day moving average is $48.71. The last closing price is up 7.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,940,990 shares of NWL traded hands, down from an average trading volume of 3,863,720
Recent Performance Chart
Newell Brands Inc has 52 week low of $33.26 and a 52 week high of $55.45 with a PE ratio of 50.68 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $54.19 with 5 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Newell Brands Inc (NYSE:NWL)
Newell Brands Inc, formerly Newell Rubbermaid Inc., is a global consumer goods company. The Company's brands consists of Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer's, Coleman, Jostens, Marmot, Rawlings, Irwin, Lenox, Oster, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle. The Company focuses on consumer, investment in brands.
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