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Sherwin-Williams (SHW) Stock Forecast & Price Target

Sherwin-Williams logo
$396.14 -3.57 (-0.89%)
(As of 05:54 PM ET)

Sherwin-Williams - 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
6
Buy
13

Based on 20 Wall Street analysts who have issued ratings for Sherwin-Williams in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 20 analysts, 1 has given a sell rating, 6 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for SHW.

Consensus Price Target

$396.47
0.08% Upside
According to the 20 analysts' twelve-month price targets for Sherwin-Williams, the average price target is $396.47. The highest price target for SHW is $450.00, while the lowest price target for SHW is $334.00. The average price target represents a forecasted upside of 0.08% from the current price of $396.14.
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SHW Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
14 Buy rating(s)
9 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$396.47$395.29$358.16$287.44
Forecasted Upside0.08% Upside10.10% Upside-0.98% Downside4.38% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

SHW 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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SHW 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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Sherwin-Williams Stock vs. The Competition

TypeSherwin-WilliamsBasic Materials CompaniesS&P 500
Consensus Rating Score
2.65
2.76
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside0.15% Upside128.29% Upside6.79% Upside
News Sentiment Rating
Positive News

See Recent SHW News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2024Evercore ISI
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$400.00 ➝ $420.00+10.31%
10/24/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$455.00 ➝ $446.00+23.35%
10/24/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$430.00 ➝ $420.00+16.22%
10/23/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$360.00 ➝ $370.00+1.59%
10/23/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$355.00 ➝ $370.00+2.39%
10/23/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$350.00 ➝ $360.00-0.35%
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10/18/2024UBS Group
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 Reiterated RatingUnderperform ➝ Underperform
10/18/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$375.00 ➝ $450.00+15.66%
10/15/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$350.00 ➝ $400.00+3.33%
10/7/2024KeyCorp
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A. Yefremov
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Reiterated RatingOverweight ➝ Sector Weight
9/30/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$400.00 ➝ $425.00+12.31%
8/26/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$392.00 ➝ $415.00+14.96%
7/24/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$344.00 ➝ $390.00+15.29%
7/18/2024Redburn Atlantic
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S. Hudson
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UpgradeStrong-Buy
4/24/2024Mizuho
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 Lower TargetBuy ➝ Buy$340.00 ➝ $334.00+10.47%
4/24/2024Loop Capital
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 Lower TargetBuy ➝ Buy$395.00 ➝ $380.00+25.68%
3/1/2024Wolfe Research
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 Initiated CoveragePeer Perform
2/27/2024Northcoast Research
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 UpgradeNeutral ➝ Buy$360.00+11.62%
1/8/2024Seaport Res Ptn
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M. Harrison
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DowngradeBuy ➝ Neutral
12/21/2023Argus
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 Boost TargetBuy ➝ Buy$330.00 ➝ $378.00+23.51%
10/18/2023Bank of America
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 DowngradeNeutral ➝ Underperform$300.00 ➝ $275.00+8.76%
9/29/2023Berenberg Bank
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 Boost TargetHold ➝ Hold$224.00 ➝ $249.00-2.84%
6/26/202358.com
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 Reiterated RatingUpgrade
4/27/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$260.00 ➝ $265.00+11.05%
1/27/2023Zelman & Associates
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:46 PM ET.


Should I Buy Sherwin-Williams Stock? SHW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Sherwin-Williams pros and cons to contact@marketbeat.com.

Sherwin-Williams
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in The Sherwin-Williams Company:

  • The Sherwin-Williams Company has shown resilience with a recent stock price of $371.66, indicating stability in a fluctuating market.
  • Recent earnings reports revealed a year-over-year revenue increase of 0.7%, demonstrating the company's ability to grow even in challenging economic conditions.
  • Analysts have recently increased their target prices for the stock, with estimates reaching as high as $420.00, suggesting strong future performance and investor confidence.
  • Institutional ownership is significant, with 77.67% of shares held by hedge funds and other institutional investors, indicating strong backing and confidence from large investors.
  • The company has a high return on equity of 74.45%, which reflects its efficiency in generating profits from shareholders' equity, making it an attractive option for investors seeking strong financial performance.

Sherwin-Williams
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in The Sherwin-Williams Company for these reasons:

  • The company recently reported earnings per share of $3.37, which missed analysts' expectations of $3.56, indicating potential challenges in meeting growth targets.
  • Insider trading activity has shown significant sales, with a senior vice president selling 2,565 shares, which could signal a lack of confidence in the stock's short-term performance.
  • The debt-to-equity ratio stands at 1.97, suggesting that the company is heavily leveraged, which could pose risks in a rising interest rate environment.
  • Despite a strong market capitalization of $93.60 billion, the company's price-to-earnings ratio of 37.20 may indicate that the stock is overvalued compared to its earnings, which could deter value-focused investors.
  • The current quick ratio of 0.51 suggests that the company may struggle to meet its short-term liabilities, raising concerns about liquidity and financial health.

SHW Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Sherwin-Williams is $396.47, with a high forecast of $450.00 and a low forecast of $334.00.

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sherwin-Williams in the last twelve months. There is currently 1 sell rating, 6 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHW shares.

According to analysts, Sherwin-Williams's stock has a predicted upside of 0.08% based on their 12-month stock forecasts.

Sherwin-Williams has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, Evercore ISI, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Sherwin-Williams less than other "basic materials" companies. The consensus rating score for Sherwin-Williams is 2.65 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how SHW compares to other companies.


This page (NYSE:SHW) was last updated on 11/26/2024 by MarketBeat.com Staff
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