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Zacks Investment Research announced The Valspar Corp (NYSE:VAL), boosting its stock price target to $118.00 today

Yesterday The Valspar Corp (NYSE:VAL) traded -0.08% lower at $105.71. The company’s 50-day moving average is $105.88 and its 200-day moving average is $106.77. The last stock close price is down -1.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 427,226 shares of VAL traded hands, up from an average trading volume of 320,540

In a statement issued on 10/06/2016 Zacks Investment Research upped the target of The Valspar Corp (NYSE:VAL) to $118.00 indicating a possible upside of 0.12%.

Recent Performance Chart

The Valspar Corp (NYSE:VAL)

The Valspar Corp has 52 week low of $72.98 and a 52 week high of $108.97 with a PE ratio of 24.29 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokers have issued a research note on VAL. The one year target is $100.91 with one equity analyst rating the company a strong buy, five equity analysts rating the company a buy, seven firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About The Valspar Corp (NYSE:VAL)

The Valspar Corporation is engaged in developing, manufacturing and distributing a range of coatings, paints and related products. The Company operates through two segments: Coatings and Paints. The Coatings segment includes its industrial product lines and packaging product line. The Company offers decorative and protective coatings for metal, wood and plastic primarily for sale to original equipment manufacturing (OEM) customers in Africa, Asia, Australia, Europe, North America and South America. The Paints segment includes consumer paints and automotive paint refinishes product lines. The Company offers a range of paints, primers, topcoats and aerosol spray paints through retailers, distribution networks and the Company-owned stores. The Company offers a portfolio of interior and exterior decorative paints, stains, primers, varnishes and specialty decorative products, such as enamels, aerosols and faux finishes, used in both the do-it-yourself and professional markets.

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