In a report released today, Shannon Coyne from BMO Capital maintained a Hold rating on Newell Brands (NYSE: NWL), with a price target of $25. The company’s shares closed yesterday at $21.68, close to its 52-week low of $21.65.
According to TipRanks.com, Coyne is ranked #4063 out of 4850 analysts.
Currently, the analyst consensus on Newell Brands is a Moderate Buy with an average price target of $27.33, which is a 26.1% upside from current levels. In a report released yesterday, Jefferies also assigned a Hold rating to the stock with a $23 price target.
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The company has a one-year high of $50.90 and a one-year low of $21.65. Currently, Newell Brands has an average volume of 6.52M.
Based on the recent corporate insider activity of 30 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 NWL in relation to earlier this year.
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Newell Brands, Inc. engages in the manufacture, marketing, and sale of consumer and commercial products. It operates through the following segments: Live, Learn, Work, Play, and Other. The Live segment sources, markets, and distributes a line of household products.
