Sherwin-Williams Company (SHW) Receives a Buy from Deutsche Bank


In a report released today, Nishu Sood from Deutsche Bank maintained a Buy rating on Sherwin-Williams Company (SHW), with a price target of $445. The company’s shares closed yesterday at $381.44.

According to TipRanks.com, Sood is a 4-star analyst with an average return of 10.8% and a 62.9% success rate. Sood covers the Consumer Goods sector, focusing on stocks such as Century Communities, Taylor Morrison, and Toll Brothers.

Currently, the analyst consensus on Sherwin-Williams Company is a Moderate Buy with an average price target of $450.40, a 18.1% upside from current levels. In a report issued on January 4, Citigroup also upgraded the stock to Buy with a $453 price target.

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Sherwin-Williams Company’s market cap is currently $35.71B and has a P/E ratio of 19.09. The company has a Price to Book ratio of 8.98.

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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