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Newell Rubbermaid Inc. (NYSE:NWL) target price raised to $60.00, reported today by RBC Capital Markets

Yesterday Newell Rubbermaid Inc. (NYSE:NWL) traded 1.12% higher at $52.84. The company’s 50-day moving average is $44.41 and its 200-day moving average is $49.34. The last stock close price is up -12.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 158 shares of the stock were exchanged, down from an average trading volume of 4,445,700

Newell Rubbermaid Inc. (NYSE:NWL) had its target price raised to $60.00 by RBC Capital Markets in a report released Thursday June 08, 2017. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 5/10/2017, Jefferies & Co reported about Newell Rubbermaid Inc. (NYSE:NWL) raised the target price from $61.00 to $65.00. At the time, this indicated a possible upside of 0.22%.

See Chart Below

Newell Rubbermaid Inc. (NYSE:NWL)

Newell Rubbermaid Inc. has a 52 week low of $40.88 and a 52 week high of $55.08 with a P/E ratio of 17.24 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $54.19 with 5 firms rating the stock a strong buy, 11 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Newell Rubbermaid Inc. (NYSE:NWL)

Newell Brands Inc. is a marketer of consumer and commercial products. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer's, Coleman, Jostens, Marmot, Rawlings, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle. Writing segment consists of the Writing and Creative Expression business. Home Solutions segment designs, manufactures or sources and distributes a range of consumer products under various brand names. Commercial Products segment designs, manufactures or sources and distributes cleaning and refuse products. Its Baby & Parenting segment designs and distributes infant and juvenile products.

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