UBS AG Raises Sherwin-Williams Company (The) (SHW) Price Target to $395.00

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Sherwin-Williams Company (The) logoSherwin-Williams Company (The) (NYSE:SHW) had its value goal hoisted by funding badysts at UBS AG from $375.00 to $395.00 in a observe issued to buyers on Wednesday, October 25th, www.benzinga.com studies. The agency at the moment has a “neutral” score on the specialty chemical substances firm’s inventory. UBS AG’s value goal would counsel a possible upside of 1.42% from the inventory’s earlier shut.

SHW has been the topic of a number of different badysis studies. Credit Suisse Group raised shares of Sherwin-Williams Company (The) to a “buy” score and set a $375.00 value goal for the corporate in a report on Sunday, July 23rd. BidaskClub lowered shares of Sherwin-Williams Company (The) from a “strong-buy” score to a “buy” score in a report on Saturday, July 1st. Northcoast Research reissued a “buy” score and issued a $435.00 value goal (up beforehand from $375.00) on shares of Sherwin-Williams Company (The) in a report on Friday, October sixth. Zacks Investment Research lowered shares of Sherwin-Williams Company (The) from a “hold” score to a “sell” score in a report on Monday, October 2nd. Finally, J P Morgan Chase & Co began protection on shares of Sherwin-Williams Company (The) in a report on Monday, July 24th. They issued a “neutral” score and a $365.00 value goal for the corporate. Two funding badysts have rated the inventory with a promote score, seven have badigned a maintain score and twelve have given a purchase score to the corporate’s inventory. The firm at the moment has a consensus score of “Hold” and a consensus value goal of $398.25.

Shares of Sherwin-Williams Company (SHW) opened at $389.46 on Wednesday. The firm has a present ratio of 1.07, a fast ratio of zero.68 and a debt-to-equity ratio of three.68. Sherwin-Williams Company has a fifty-two week low of $260.00 and a fifty-two week excessive of $398.22. The firm has a market cap of $36,192.69, a price-to-earnings ratio of 27.88, a price-to-earnings-growth ratio of two.16 and a beta of 1.22.

Sherwin-Williams Company (The) (NYSE:SHW) final launched its earnings outcomes on Tuesday, October 24th. The specialty chemical substances firm reported $four.75 EPS for the quarter, topping badysts’ consensus estimates of $four.70 by $zero.05. Sherwin-Williams Company (The) had a web margin of seven.82% and a return on fairness of 58.02%. The agency had income of $four.51 billion in the course of the quarter, in comparison with badyst estimates of $four.45 billion. During the identical quarter within the earlier yr, the enterprise earned $four.23 EPS. The enterprise’s quarterly income was up 37.four% in comparison with the identical quarter final yr. equities badysts forecast that Sherwin-Williams Company will submit 15.04 earnings per share for the present fiscal yr.

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Hedge funds have lately modified their holdings of the corporate. Tower Research Capital LLC TRC purchased a brand new stake in shares of Sherwin-Williams Company (The) within the 2nd quarter valued at about $100,00zero. American Beacon Advisors Inc. purchased a brand new stake in shares of Sherwin-Williams Company (The) within the 1st quarter valued at about $106,00zero. Peddock Capital Advisors LLC purchased a brand new stake in shares of Sherwin-Williams Company (The) within the 2nd quarter valued at about $123,00zero. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of Sherwin-Williams Company (The) by 7.three% within the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 429 shares of the specialty chemical substances firm’s inventory valued at $145,00zero after buying a further 29 shares in the course of the interval. Finally, Parallel Advisors LLC raised its holdings in shares of Sherwin-Williams Company (The) by 2.6% within the 1st quarter. Parallel Advisors LLC now owns 432 shares of the specialty chemical substances firm’s inventory valued at $144,00zero after buying a further 11 shares in the course of the interval. 73.73% of the inventory is at the moment owned by institutional buyers.

Sherwin-Williams Company (The) Company Profile

The Sherwin-Williams Company (Sherwin-Williams) is engaged within the growth, manufacture, distribution and sale of paint, coatings and badociated merchandise. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protecting and marine merchandise, unique gear producer (OEM) product finishes and badociated gadgets.

Analyst Recommendations for Sherwin-Williams Company (The) (NYSE:SHW)

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