RPM International (NYSE:RPM) Given New $126.00 Price Target at BMO Capital Markets

RPM International (NYSE:RPM - Get Free Report) had its price objective dropped by research analysts at BMO Capital Markets from $154.00 to $126.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an "outperform" rating on the specialty chemicals company's stock. BMO Capital Markets' target price would suggest a potential upside of 19.76% from the company's current price.

Several other research analysts have also recently issued reports on RPM. Wells Fargo & Company raised RPM International from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $134.00 to $140.00 in a report on Wednesday, January 8th. JPMorgan Chase & Co. reduced their target price on RPM International from $126.00 to $124.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. UBS Group increased their price target on RPM International from $123.00 to $130.00 and gave the company a "neutral" rating in a research report on Thursday, December 19th. Evercore ISI upgraded RPM International to a "strong-buy" rating in a report on Tuesday, January 21st. Finally, Mizuho decreased their target price on shares of RPM International from $150.00 to $140.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Seven investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $124.10.

RPM International Price Performance

NYSE RPM traded up $0.84 on Wednesday, reaching $105.21. 174,254 shares of the stock traded hands, compared to its average volume of 654,997. RPM International has a 12 month low of $95.28 and a 12 month high of $141.79. The company has a market cap of $13.53 billion, a price-to-earnings ratio of 20.79, a P/E/G ratio of 1.97 and a beta of 1.06. The firm's fifty day simple moving average is $117.06 and its 200 day simple moving average is $125.28. The company has a quick ratio of 1.46, a current ratio of 2.23 and a debt-to-equity ratio of 0.74.

RPM International (NYSE:RPM - Get Free Report) last released its earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.15). RPM International had a return on equity of 26.76% and a net margin of 8.89%. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same period in the previous year, the firm earned $0.52 earnings per share. RPM International's revenue was down 3.0% on a year-over-year basis. As a group, research analysts predict that RPM International will post 5.5 EPS for the current fiscal year.

Institutional Trading of RPM International

A number of institutional investors have recently bought and sold shares of RPM. NBC Securities Inc. lifted its holdings in shares of RPM International by 145,300.0% during the 1st quarter. NBC Securities Inc. now owns 2,908 shares of the specialty chemicals company's stock valued at $336,000 after buying an additional 2,906 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in RPM International by 1.3% in the first quarter. Fiduciary Alliance LLC now owns 9,163 shares of the specialty chemicals company's stock valued at $1,060,000 after acquiring an additional 116 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of RPM International by 12,321.2% during the 1st quarter. GAMMA Investing LLC now owns 271,154 shares of the specialty chemicals company's stock worth $31,367,000 after purchasing an additional 268,971 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of RPM International by 3.5% during the 4th quarter. California State Teachers Retirement System now owns 297,557 shares of the specialty chemicals company's stock valued at $36,617,000 after purchasing an additional 10,185 shares in the last quarter. Finally, Putney Financial Group LLC acquired a new stake in shares of RPM International in the 4th quarter valued at $308,000. Institutional investors and hedge funds own 80.95% of the company's stock.

About RPM International

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.