Deutsche Bank analyst David Begleiter maintains $Sherwin-Williams (SHW.US)$ with a buy rating, and adjusts the target price from $385 to $410.
According to TipRanks data, the analyst has a success rate of 56.3% and a total average return of 4.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Sherwin-Williams (SHW.US)$'s main analysts recently are as follows:
The expectation is for demand to continue experiencing fluctuations in the first half of 2025, moderating anticipations for a rapid benefit from rate reductions. Nevertheless, there are indications in the market suggesting a possible revival in home remodeling activities.
The company's Q4 outcomes offer much to consider regarding the Notch America paint market, Sherwin's pricing capability, and the valuation investors assign to these factors. It's anticipated that investors will maintain their confidence in the company's prospects for long-term market share growth.
While Sherwin-Williams' Q3 earnings did not meet expectations, the company is well-positioned for a potential upswing in demand and could benefit from the current disruptions competitors are experiencing due to reviews of their portfolios. The sentiment towards Sherwin-Williams is positive, and it's suggested that dips in the stock's value represent buying opportunities.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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