Impact of Brokerage Rating on Sherwin-Williams Company (The)(SHW)

Many Sherwin-Williams Company (The)(SHW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Sherwin-Williams Co was Downgraded by Longbow to Neutral on Jan 5, 2017. Sherwin-Williams Co was Initiated by Atlantic Equities to Overweight on Nov 29, 2016.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, David F Hodnik (director) sold 1,066 shares at 305.42 per share price.On Feb 9, 2017, Allen J Mistysyn (SVP – Finance & CFO) sold 1,142 shares at 302.98 per share price.On Feb 3, 2017, Jane M. Cronin (SVP – Corporate Controller) sold 939 shares at 304.85 per share price.

Sherwin-Williams Co Last issued its quarterly earnings results on Jan 26, 2017. The company reported $2.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $2.21. The company had revenue of $2782.59 million for the quarter, compared to analysts expectations of $2681.46 million. The companys revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS.

Sherwin-Williams Company (The) (NYSE:SHW) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.92 by 12 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Sherwin-Williams Company (The) (NYSE:SHW) shares are expected to touch $328.75 in the short term. This short term price target has been shared by 12 analysts. However, the standard deviation of short term price estimate has been valued at 28.13. The target price could hit $370 on the higher end and $270 on the lower end.

Sherwin-Williams Company (The) (NYSE:SHW) rose 0.09% or 0.28 points on Tuesday and made its way into the gainers of the day. After trading began at $308.43 the stock was seen hitting $310 as a peak level and $306.82 as the lowest level. The stock ended up at $309.9. The daily volume was measured at 815,645 shares. The 52-week high of the share price is $312.48 and the 52-week low is $239.48. The company has a market cap of $28,792 million.

Sherwin-Williams Co. is a manufacturer, distributor and retailer of paint, coatings and related products. It is the one of largest paint companies in the United States and in the world. Well known brands include Sherwin- Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompsons, Minwax and Krylon. (Company Press Release)


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