Barclays Maintains a Hold Rating on Sherwin-Williams Company (SHW)


In a report released yesterday, Duffy Fischer from Barclays maintained a Hold rating on Sherwin-Williams Company (SHW), with a price target of $410. The company’s shares closed yesterday at $386.94.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 12.2% and a 50.0% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and Venator Materials Plc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sherwin-Williams Company with a $441.94 average price target, a 14.2% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $405 price target.

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Sherwin-Williams Company’s market cap is currently $36.23B and has a P/E ratio of 19.37. The company has a Price to Book ratio of 9.11.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SHW in relation to earlier this year. Most recently, in November 2018, John Morikis, the COB, Pres & CEO of SHW bought 417 shares for a total of $99,892.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The Sherwin-Williams Co. engages in the manufacture and trade of paint and coatings. It operates through the following segments: America Group, Consumer Brands Group, and Performance Coating Group. The America Group segment manages the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment, and floor covering.

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