Newell Rubbermaid (NWL) : Traders are bullish on Newell Rubbermaid (NWL) as it has outperformed the S&P 500 by a wide margin of 2.9% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.79%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.13% in the last 1 week, and is up 2.69% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.2% and the fifty day Moving Average is 6.34%. Newell Brands Inc. is up 12.79% in the last three month period. Year-to-Date the stock performance stands at 23.32%.
Newell Rubbermaid (NWL) : Currently there are 13 street experts covering Newell Rubbermaid (NWL) stock. The most bullish and bearish price target for the stock is $66 and $52 respectively for the short term. The average price target of all the analysts comes to $59.46. The estimated standard deviation from the target is $3.36.
Newell Rubbermaid (NYSE:NWL): stock turned positive on Friday. Though the stock opened at $53.89, the bulls momentum made the stock top out at $54.42 level for the day. The stock recorded a low of $53.42 and closed the trading day at $53.87, in the green by 0.32%. The total traded volume for the day was 3,835,203. The stock had closed at $53.7 in the previous days trading.
Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.