Morgan Stanley Sticks to Their Buy Rating for Sherwin-Williams Company (SHW)

In a report released today, Vincent Andrews from Morgan Stanley maintained a Buy rating on Sherwin-Williams Company (SHWResearch Report), with a price target of $500. The company’s shares opened today at $442.70.

According to TipRanks.com, Andrews is a 1-star analyst with an average return of 0.0% and a 68.3% success rate. Andrews covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Eastman Chemical, and Bunge Limited.

Currently, the analyst consensus on Sherwin-Williams Company is a Moderate Buy with an average price target of $457.36.

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Sherwin-Williams Company’s market cap is currently $41.11B and has a P/E ratio of 37.87. The company has a Price to Book ratio of 11.02.

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The Sherwin-Williams Co. engages in the manufacture and trade of paint and coatings. It operates through the following segments: America Group, Consumer Brands Group, and Performance Coating Group. The America Group segment manages the exclusive outlets for Sherwin-Williams branded paints, stains, supplies, equipment, and floor covering.

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