In a report issued on July 11, Daniel Rizzo from Jefferies reiterated a Hold rating on WD-40 Company (NASDAQ: WDFC), with a price target of $138. The company’s shares closed yesterday at $162.30, close to its 52-week high of $163.20.
According to TipRanks.com, Rizzo is a 4-star analyst with an average return of 18.6% and a 62.5% success rate. Rizzo covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, Silgan Holdings, and Bemis Company.
The word on The Street in general, suggests a Hold analyst consensus rating for WD-40 Company with a $145 average price target, implying a -10.7% downside from current levels. In a report issued on July 11, B.Riley FBR also maintained a Hold rating on the stock with a $152 price target.
WD-40 Company’s market cap is currently $2.26B and has a P/E ratio of 40.71. The company has a Price to Book ratio of 14.65.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is neutral on the stock.
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WD-40 Co. is a marketing company, which engages in the development and sale products that solve problems in workshops, factories, and homes. It operates through the following geographical segments: Americas, EMEA, and Asia Pacific. The Americas segment consists of the Unites States, Canada, and Latin America.