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Stock analysts at BMO Capital Markets upped their target price on shares of Newell Rubbermaid (NYSE:NWL) from $2.00 to $37.00 in a report issued on Friday. BMO Capital Markets’ price target points to a potential upside of 14.02% from the stock’s previous close.

A number of other analysts have also recently weighed in on NWL. Analysts at Morgan Stanley raised their price target on shares of Newell Rubbermaid from $34.00 to $36.00 in a research note on Monday, July 7th. They now have an “overweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Newell Rubbermaid in a research note on Tuesday, May 20th. They now have a $31.00 price target on the stock. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $34.33.

Newell Rubbermaid (NYSE:NWL) traded down 0.09% on Friday, hitting $32.45. The stock had a trading volume of 3,089,776 shares. Newell Rubbermaid has a 52 week low of $24.32 and a 52 week high of $33.17. The stock has a 50-day moving average of $31.36 and a 200-day moving average of $30.56. The company has a market cap of $8.979 billion and a P/E ratio of 19.94.

Newell Rubbermaid (NYSE:NWL) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts predict that Newell Rubbermaid will post $1.98 earnings per share for the current fiscal year.

Newell Rubbermaid Inc is a global marketer of consumer and commercial products. The Company’s products are marketed under a portfolio of brands, including Rubbermaid, Levolor, Goody, Calphalon, Sharpie, Paper Mate, Parker, Waterman, Irwin, Lenox, Graco, Aprica and Dymo.

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