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FBR Capital announced WD 40 Company (NDAQ:WDFC), bumping up its stock price target to $122.00 today

Just yesterday WD 40 Company (NDAQ:WDFC) traded -1.37% lower at $111.50. WD 40 Company’s 50-day moving average is $111.28 and its 200-day moving average is $107.78. The last stock price is up 4.52% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 49,682 shares of WDFC traded hands, up from an average trading volume of 46,803

In a report released on 10/20/2017 FBR Capital increased the stock price target of WD 40 Company (NDAQ:WDFC) from $115.00 to $122.00 reporting a possible upside of 0.09%.

Previously on 4/03/2017, Jefferies & Co released a statement about WD 40 Company (NDAQ:WDFC) increased the target price from $0.00 to $110.00. At the time, this indicated a possible upside of 0.02%.

Recent Performance Chart

WD 40 Company (NDAQ:WDFC)

WD 40 Company has 52 week low of $100.60 and a 52 week high of $119.90 with a PE ratio of 30.44 and has a market capitalization of $0.

In addition to FBR Capital reporting its stock price target, a total of 2 brokerages have issued a research note on the company. The average stock price target is $103.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On WD 40 Company (NDAQ:WDFC)

WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company's segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company's Americas segment includes the United States, Canada and Latin America. The EMEA segment includes countries in Europe, the Middle East, Africa and India. The Asia-Pacific segment includes Australia, China and other countries in the Asia region. The Company has two product groups, which include maintenance products and homecare and cleaning products. As of August 31, 2016, the Company marketed and sold its products in more than 176 countries and territories around the world primarily through mass retail and home center stores, warehouse club stores, grocery stores, hardware stores, automotive parts outlets, sport retailers, independent bike dealers, online retailers and industrial distributors and suppliers.

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