Argus Starts Sherwin-Williams (SHW) at Hold
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Get Alerts SHW Hot Sheet
Rating Summary:
22 Buy, 18 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 18 | Down: 20 | New: 16
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Argus initiates coverage on Sherwin-Williams (NYSE: SHW) with a Hold rating, saying the stock is fairly valued.
"We see limited near-term upside for SHW stock, which is trading at 23.3-times our 2016 EPS estimate, below the five-year historical average of 24.9, but above the peer average of 17.1," the analyst said.
The firm's fair value estimate for SHW is $293 per share.
For an analyst ratings summary and ratings history on Sherwin-Williams click here. For more ratings news on Sherwin-Williams click here.
Shares of Sherwin-Williams closed at $287.24 yesterday.
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