RPM International Given New $41.00 Price Target at Credit Suisse (RPM)
Equities researchers at Credit Suisse lifted their target price on shares of RPM International (NYSE:RPM) to $41.00 in a research report issued on Thursday, Analyst Ratings News reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s target price would indicate a potential upside of 11.93% from the stock’s previous close.
Shares of RPM International (NYSE:RPM) traded up 0.49% on Thursday, hitting $36.81. The stock had a trading volume of 260,850 shares. RPM International has a one year low of $25.53 and a one year high of $37.57. The stock’s 50-day moving average is $35.58 and its 200-day moving average is $33.58. The company has a market cap of $4.891 billion and a P/E ratio of 49.23.
RPM International (NYSE:RPM) last posted its quarterly earnings results on Wednesday, October 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.06. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. Analysts expect that RPM International will post $2.05 EPS for the current fiscal year.
RPM International Inc (NYSE:RPM), through its subsidiaries manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives.
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