Northcoast Research upgraded shares of Sherwin-Williams (NYSE:SHW) from a neutral rating to a buy rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $206.00 target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital cut their price target on shares of Sherwin-Williams from $191.00 to $183.00 in a research note to investors on Tuesday, July 23rd. They now have an equal weight rating on the stock. Separately, analysts at Susquehanna cut their price target on shares of Sherwin-Williams from $180.00 to $167.00 in a research note to investors on Monday, July 22nd. They now have a neutral rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Sherwin-Williams in a research note to investors on Monday, July 22nd. They now have a $182.00 price target on the stock.
Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $187.15.
Sherwin-Williams (NYSE: SHW) opened at 173.30 on Thursday. Sherwin-Williams has a 1-year low of $132.29 and a 1-year high of $194.55. The stock’s 50-day moving average is currently $179.2. The company has a market cap of $17.619 billion and a price-to-earnings ratio of 26.72.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 6th. Shareholders of record on Friday, August 16th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Wednesday, August 14th.
The Sherwin-Williams Company (NYSE: SHW) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe and Asia.
