Whirlpool Corp. Downgraded to Neutral at Ned Davis Research (WHR)
Whirlpool Corp. (NYSE:WHR) was downgraded by investment analysts at Ned Davis Research from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, StockRatingsNetwork.com reports.
A number of other analysts have also recently weighed in on WHR. Analysts at Raymond James raised their price target on shares of Whirlpool Corp. from $145.00 to $150.00 in a research note to investors on Wednesday, October 16th. They now have an “outperform” rating on the stock. Separately, analysts at Longbow Research reiterated a “buy” rating on shares of Whirlpool Corp. in a research note to investors on Monday, October 14th. They now have a $187.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Whirlpool Corp. from $135.00 to $151.00 in a research note to investors on Wednesday, October 9th. They now have a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $150.14.
Whirlpool Corp. (NYSE:WHR) traded down 2.61% on Monday, hitting $129.95. The stock had a trading volume of 1,369,459 shares. Whirlpool Corp. has a 52-week low of $84.69 and a 52-week high of $151.84. The stock’s 50-day moving average is $138. and its 200-day moving average is $127.8. The company has a market cap of $10.301 billion and a price-to-earnings ratio of 16.59.
The company also recently declared a quarterly dividend, which is scheduled for Sunday, December 15th. Investors of record on Friday, November 15th will be given a dividend of $0.63 per share. This represents a $2.50 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Wednesday, November 13th.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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