The stocks of RPM have been given a rating of ‘Buy’ by around 14 firms that have been covering the stocks of the firm. According to Marketbeat, five of the research analysts have given the stocks of the company a rating of ‘hold’, while six of them have given it a rating of ‘buy’. The target price of the company for a single year has been set at $91.
The Quarterly Earnings Of RPM
There have been quite a few research firms that have commented on the stocks of the company. BMO Capital Markets has already increased the target price on the shares of RPM from $104 to $109 while giving a rating of ‘outperform’ on the stocks of the company. Bank of America has also increased the price target of the company from $88 to $95 in one of their research firms, with a rating of ‘neutral’ in one of their research notes that were published on the 8th of October.
Wells Fargo & Company have also increased the objective price on the company from $93 to $103, and also gave the company a rating of ‘overweight’ in a 3rd September research report. Finally, Zacks Investment Research, too, got in on the fun as they upgraded the rating of the company from ‘hold’ to ‘buy’, with a price target of $91 on the stocks of RPM.
The shares of RPM traded at $88.33 last Tuesday. The year low of the company is $42.85, with a year high of $98.35. The moving average for the company over 50 days is $88.47, while that of 200-days is $83.29. The current ratio of the company is 2.25, while the debt-to-equity ratio of the company is 1.58, and the quick ratio is 1.53. The market cap of RPM is $11.48 billion, with a beta of 1.12, and a PEG ratio of 1.57.
