Sherwin-Williams (NYSE:SHW) has been upgraded from Hold to Buy in a report by Argus today.
- Updated: October 9, 2016
Argus has upgraded Sherwin-Williams (NYSE:SHW) from Hold to Buy in a statement released on 10/10/2016.
Having a price of $268.74, Sherwin-Williams (NYSE:SHW) traded -1.94% lower on the day. With the last close down -7.49% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Sherwin-Williams has recorded a 50-day average of $280.39 and a two hundred day average of $290.49. Volume of trade was up over the average, with 2,340,734 shares of SHW changing hands over the typical 735,880
With a total market value of $0, Sherwin-Williams has 52 week low of $234.96 and a 52 week high of $312.48 with a P/E ratio of 22.66 .
Also covering Sherwin-Williams's target, a total of 14 brokerages have released a report on Sherwin-Williams. The consensus target price is $319.29 with 4 brokers rating the stock a strong buy, 8 firms rating the stock a buy, 6 firms rating the stock a hold, zero equity analysts rating the stock a underperform, and finally 0 analysts rating the company a sell.
General Company Details For Sherwin-Williams (NYSE:SHW)
The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company has four operating segments: 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.
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