Analyst Rating Update on Sherwin-Williams Company (The) (SHW)

Sherwin-Williams Company (The) (NYSE:SHW) : 6 brokerage houses believe that Sherwin-Williams Company (The) (NYSE:SHW) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Sherwin-Williams Company (The) (NYSE:SHW). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 1.85.

Sherwin-Williams Company (The) (NYSE:SHW) : Currently there are 12 street experts covering Sherwin-Williams Company (The) (NYSE:SHW) stock. The most bullish and bearish price target for the stock is $370 and $270 respectively for the short term. The average price target of all the analysts comes to $325.58. The estimated standard deviation from the target is $24.69.

For the current week, the company shares have a recommendation consensus of Buy. Also, Argus Research initiates coverage on Sherwin-Williams Company (The) (NYSE:SHW) The current rating of the shares is Hold. Equity Analysts at the Firm announces the price target to $293 per share. The rating by the firm was issued on April 6, 2016.

Sherwin-Williams Company (The) (NYSE:SHW): stock turned positive on Tuesday. Though the stock opened at $282.69, the bulls momentum made the stock top out at $290.73 level for the day. The stock recorded a low of $282.635 and closed the trading day at $290.06, in the green by 3.47%. The total traded volume for the day was 1,009,595. The stock had closed at $280.32 in the previous days trading.

In an insider trading activity,The officer (President, Global Finishes Grp) of Sherwin Williams Co, Sewell David B sold 4,598 shares at $297.39 on May 16, 2016. The Insider selling transaction had a total value worth of $1,367,399. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

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