On Oct 23, major Wall Street analysts update their ratings for $Sherwin-Williams (SHW.US)$, with price targets ranging from $370 to $450.
Morgan Stanley analyst Vincent Andrews maintains with a buy rating, and maintains the target price at $450.
J.P. Morgan analyst Jeffrey Zekauskas maintains with a buy rating, and adjusts the target price from $360 to $370.
Barclays analyst Michael Leithead maintains with a hold rating, and adjusts the target price from $355 to $370.
Wells Fargo analyst Michael Sison maintains with a hold rating, and maintains the target price at $400.
Jefferies analyst Laurence Alexander maintains with a buy rating, and maintains the target price at $445.
Furthermore, according to the comprehensive report, the opinions of $Sherwin-Williams (SHW.US)$'s main analysts recently are as follows:
Sherwin-Williams' Q4 outcomes presented much to consider regarding the North America paint market, the company's ability to command pricing, and the valuation investors assign. It's anticipated that investors will maintain their faith in the company's prospects for long-term market share growth.
The sluggishness of end-markets overall, impacted by high interest rates, is acknowledged, yet a neutral stance is maintained on shares of Sherwin-Williams. The anticipation of industry volume growth by 2025 is considered a crucial support for the company to achieve an additional 5% price increase projected for that year.
Here are the latest investment ratings and price targets for $Sherwin-Williams (SHW.US)$ from 9 analysts:
Note:
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