On Oct 24, 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.
Citi analyst Patrick Cunningham, CFA maintains with a buy rating, and adjusts the target price from $395 to $420.
Jefferies analyst Laurence Alexander maintains with a buy rating, and maintains the target price at $445.
Evercore analyst Greg Melich maintains with a buy rating, and adjusts the target price from $410 to $400.
Furthermore, according to the comprehensive report, the opinions of $Sherwin-Williams (SHW.US)$'s main analysts recently are as follows:
The company anticipates that demand will continue to be uneven during the first half of 2025, moderating the anticipation of a rapid transmission of rate reductions. Nonetheless, indications from the market suggest a possible rebound in home remodeling activities.
The company's Q4 results have provided considerable factors to consider regarding the North America paint market, Sherwin's ability to command prices, and the valuation investors are ready to assign. It is anticipated that investors will maintain their faith in the company's prospects for long-term market share growth.
The sentiment that end-markets are generally lackluster, influenced by high interest rates, supports the current stance on Sherwin-Williams' shares. It's anticipated that industry volume growth by 2025 will be the foundational element for the company to achieve the 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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