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New Buy Rating for Sherwin-Williams Company (SHW), the Basic Materials Giant

Tip Ranks
Aug 31, 2026 at 08:35 AM
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Goldman Sachs analyst Duffy Fischer maintained a Buy rating on Sherwin-Williams (SHW) with a $420 price target, citing the stock's potential upside from its current level of $344.86. This follows D.A. Davidson's initiation of coverage with a Buy rating and a $400 target. The stock currently holds a Strong Buy consensus among analysts, with an average price target of $397, implying approximately 15% upside.

In a report released on August 28, Duffy Fischer from Goldman Sachs maintained a Buy rating on Sherwin-Williams Company, with a price target of $420.00. The company’s shares closed last Friday at $344.86.

Fischer covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, Huntsman, and Olin. According to TipRanks, Fischer has an average return of 11.3% and a 60.19% success rate on recommended stocks.

Sherwin-Williams Company has an analyst consensus of Strong Buy, with a price target consensus of $397.00, a 15.12% upside from current levels. In a report released on August 25, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $400.00 price target.

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