Whirlpool Corp. Price Target Lowered to $143.73 at Bank of America Corp. (WHR)
Research analysts at Bank of America Corp. dropped their price target on shares of Whirlpool Corp. (NYSE:WHR) from $175.00 to $143.73 in a report released on Wednesday, AnalystRatingsNetwork reports. Bank of America Corp.’s target price would indicate a potential upside of 0.49% from the company’s current price.
WHR has been the subject of a number of other recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of Whirlpool Corp. (NYSE:WHR) from a “sell” rating to a “hold” rating in a research note to investors on Monday, August 26th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Whirlpool Corp. (NYSE:WHR) in a research note to investors on Wednesday, July 31st. They now have a $138.00 price target on the stock. Finally, analysts at KeyCorp raised their price target on shares of Whirlpool Corp. (NYSE:WHR) to $140.00 in a research note to investors on Thursday, July 18th. They now have a “buy” rating on the stock.
Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $131.53.
Whirlpool Corp. (NYSE:WHR) opened at 143.03 on Wednesday. Whirlpool Corp. has a 52 week low of $80.61 and a 52 week high of $144.00. The stock has a 50-day moving average of $133.6 and a 200-day moving average of $123.9. The company has a market cap of $11.338 billion and a P/E ratio of 17.78.
Whirlpool Corp. (NYSE:WHR) last posted its quarterly earnings results on Friday, July 19th. The company reported $2.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.36 by $0.01. The company had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.67 billion. During the same quarter last year, the company posted $1.55 earnings per share. Whirlpool Corp.’s revenue was up 5.3% compared to the same quarter last year. Analysts expect that Whirlpool Corp. will post $10.07 EPS for the current fiscal year.
In other Whirlpool Corp. news, Insider Michael Todman sold 69,000 shares of Whirlpool Corp. stock on the open market in a transaction dated Thursday, September 12th. The stock was sold at an average price of $134.99, for a total value of $9,314,310.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.