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Newell Brands (NWL) Stock Forecast & Price Target

Newell Brands logo
$8.74
-0.05 (-0.57%)
(As of 11/4/2024 ET)

Newell Brands - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
9
Buy
1

Based on 11 Wall Street analysts who have issued ratings for Newell Brands in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 1 has given a sell rating, 9 have given a hold rating, and 1 has given a buy rating for NWL.

Consensus Price Target

$8.90
1.83% Upside
According to the 11 analysts' twelve-month price targets for Newell Brands, the average price target is $8.90. The highest price target for NWL is $13.00, while the lowest price target for NWL is $6.25. The average price target represents a forecasted upside of 1.83% from the current price of $8.74.
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NWL Analyst Ratings Over Time

TypeCurrent Forecast
11/6/23 to 11/5/24
1 Month Ago
10/7/23 to 10/6/24
3 Months Ago
8/8/23 to 8/7/24
1 Year Ago
11/6/22 to 11/6/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
10 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$8.90$8.82$8.82$9.85
Forecasted Upside1.83% Upside17.89% Upside22.14% Upside39.91% Upside
Consensus Rating
Hold
Hold
Hold
Hold

NWL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NWL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Newell Brands Stock vs. The Competition

TypeNewell BrandsConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.00
2.45
2.50
Consensus RatingHoldHoldHold
Predicted Upside1.83% Upside194.34% Upside10.46% Upside
News Sentiment Rating
Neutral News

See Recent NWL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/28/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$8.00 ➝ $9.00-4.46%
10/28/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$12.00 ➝ $13.00+48.06%
10/11/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$9.00 ➝ $8.00+6.24%
8/13/2024Citigroup
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F. Falorni
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DowngradeHold ➝ Strong Sell
7/30/2024Truist Financial
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 Boost TargetHold ➝ Hold$8.00 ➝ $10.00+13.64%
7/29/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$8.00 ➝ $9.00+0.22%
7/29/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$7.50 ➝ $9.50+9.45%
5/14/2024Barclays
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 UpgradeUnderweight ➝ Equal Weight$8.00-3.85%
2/16/2024UBS Group
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 DowngradeBuy ➝ Neutral$10.00 ➝ $8.50+6.25%
2/12/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$8.50 ➝ $7.75+6.31%
2/12/2024Raymond James
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:24 AM ET.


NWL Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Newell Brands is $8.90, with a high forecast of $13.00 and a low forecast of $6.25.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last year. There is currently 1 sell rating, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWL, but not buy additional shares or sell existing shares.

According to analysts, Newell Brands's stock has a predicted upside of 1.83% based on their 12-month stock forecasts.

Over the previous 90 days, Newell Brands's stock had 1 downgrade by analysts.

Newell Brands has been rated by research analysts at Canaccord Genuity Group, Citigroup, JPMorgan Chase & Co., and Wells Fargo & Company in the past 90 days.

Analysts like Newell Brands less than other "consumer staples" companies. The consensus rating score for Newell Brands is 2.00 while the average consensus rating score for "consumer staples" companies is 2.45. Learn more on how NWL compares to other companies.


This page (NASDAQ:NWL) was last updated on 11/5/2024 by MarketBeat.com Staff
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