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Sherwin-Williams Company (NYSE:SHW) has received a consensus rating of “Hold” from the fifteen brokerages that are currently covering the company, Stock Ratings News reports. Eight investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $216.18.

Sherwin-Williams Company (NYSE:SHW) opened at 208.91 on Tuesday. Sherwin-Williams Company has a one year low of $166.32 and a one year high of $215.62. The stock has a 50-day moving average of $207. and a 200-day moving average of $199.8. The company has a market cap of $20.180 billion and a P/E ratio of 26.57.

Sherwin-Williams Company (NYSE:SHW) last announced its earnings results on Thursday, July 17th. The company reported $2.94 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.93 by $0.01. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company posted $2.54 earnings per share. Sherwin-Williams Company’s revenue was up 12.1% compared to the same quarter last year. On average, analysts predict that Sherwin-Williams Company will post $8.69 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, August 13th.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Sherwin-Williams Company in a research note on Wednesday, July 23rd. They now have a $219.00 price target on the stock, up previously from $211.00. Separately, analysts at Susquehanna raised their price target on shares of Sherwin-Williams Company from $232.00 to $240.00 in a research note on Wednesday, July 23rd. They now have a “neutral” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Sherwin-Williams Company in a research note on Monday, July 21st. They now have a $223.00 price target on the stock.

The Sherwin-Williams Company (NYSE:SHW) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe and Asia.

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