Newell Rubbermaid (NWL) has an average broker rating of 1.23, which is interpreted as a Strong Buy, as rated by 15 equity analysts. Nonetheless, 12 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Newell Rubbermaid (NWL) : The consensus price target for Newell Rubbermaid (NWL) is $59.46 for the short term with a standard deviation of $3.36. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $66, however, the pessimist price target for the company is $52.
Also, Equity Analysts at the UBS maintains the rating on Newell Rubbermaid (NYSE:NWL). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $55 per share to $59 per share. The rating by the firm was issued on August 1, 2016.
Newell Rubbermaid (NYSE:NWL): After opening at $50, the stock dipped to an intraday low of $49.915 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51 and the buying power remained strong till the end. The stock closed at $50.83 for the day, a gain of 1.54% for the day session. The total traded volume was 4,350,710. The stocks close on the previous trading day was $50.06.
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.