Morgan Stanley analyst Dara Mohsenian maintained a Hold rating on Newell Brands (NWL) today and set a price target of $19.00. The company’s shares closed last Monday at $18.46.
According to TipRanks.com, Mohsenian is a 4-star analyst with an average return of 4.7% and a 69.5% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Mondelez International, and Edgewell Personal Care.
Newell Brands has an analyst consensus of Moderate Buy, with a price target consensus of $21.60.
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The company has a one-year high of $24.57 and a one-year low of $13.04. Currently, Newell Brands has an average volume of 5.09M.
Based on the recent corporate insider activity of 36 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: Food and Appliances; Home and Outdoor Living; and Learning and Development.
