Newell Rubbermaid (NWL) Receives Price Target

Newell Rubbermaid (NWL) : Average target price received by Newell Rubbermaid (NWL) is $59.46 with an expected standard deviation of $3.36. The most aggressive target on the stock is $66, whereas the most downbeat target is $52. 13 financial analysts are currently covering the stock.

Newell Rubbermaid (NWL) : 12 brokerage houses believe that Newell Rubbermaid (NWL) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Newell Rubbermaid (NWL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 15 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.23.


Also, UBS maintains its rating on Newell Rubbermaid (NYSE:NWL). The global brokerage major raises the current price target from $55 per share to $59 per share. Analysts at the UBS have a current rating of Buy on the shares. The rating by the firm was issued on August 1, 2016.

Newell Rubbermaid (NYSE:NWL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.84 and $52.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.22, notching a gain of 0.26% for the day. The total traded volume was 2,351,823 . The stock had closed at $53.08 on the previous day.

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.

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