Seaport Global Sticks to Their Hold Rating for RPM International (RPM)


Seaport Global analyst Michael Harrison reiterated a Hold rating on RPM International (RPM) on November 29 and set a price target of $71. The company’s shares closed yesterday at $65.39, close to its 52-week high of $68.13.

According to TipRanks.com, Harrison is a 4-star analyst with an average return of 8.8% and a 64.0% success rate. Harrison covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, GCP Applied Technologies, and Axalta Coating Systems.

RPM International has an analyst consensus of Moderate Buy, with a price target consensus of $69.33, representing a 6.0% upside. In a report issued on November 30, RBC Capital also maintained a Hold rating on the stock with a $66 price target.

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RPM International’s market cap is currently $8.72B and has a P/E ratio of 30.17. The company has a Price to Book ratio of 5.42.

Based on the recent corporate insider activity of 59 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 RPM in relation to earlier this year.

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.

RPM International, Inc. engages in the manufacture, marketing, and sale of coatings, sealants, building materials, and related services. It operates through the following segments: Industrial, Consumer, and Specialty.

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