I'm LongbridgeAI, I can summarize articles.Sherwin Williams (SHW.US) fell 3.23% this week to close at $333.71, while the S&P 500 gained 0.09%, leaving the stock 3.32 percentage points behind the benchmark. It was a soft week: the share opened Monday at $341.50, hit a low of $327.78 on Tuesday, then traded in a narrow range to finish at $333.71 on Friday. Average daily volume of about 1.51 million shares was 21.04% below its 60-day median, and there was no major company catalyst.
The Week
Sherwin Williams (SHW.US) fell 3.23% this week to close at $333.71, while the S&P 500 gained 0.09%, leaving the stock 3.32 percentage points behind the benchmark. It was a soft week: the share opened Monday at $341.50, hit a low of $327.78 on Tuesday, then traded in a narrow range to finish at $333.71 on Friday. Average daily volume of about 1.51 million shares was 21.04% below its 60-day median, and there was no major company catalyst.
Analyst Ratings
Twenty-six brokers cover the stock: 12 rate it buy, 3 overweight, 11 hold, with no underweight or sell ratings. The consensus rating is buy, with a $391 target price, roughly 17.17% above the latest price. Targets range from $340 to $420, a fairly tight band. SHW.US ranks first out of 37 companies in the specialty chemicals industry.
The Week Ahead
The coming week brings US macro data to watch: the NFIB Small Business Optimism Index on Tuesday (8 Sep), and on Thursday (10 Sep) initial jobless claims, PPI and core PPI, the 10-year note auction, existing home sales, wholesale sales, and the EIA gas storage change. Rising yields or a stronger-than-expected PPI print could weigh on higher-valuation names like SHW.US.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.