Oppenheimer Raises Price Target on Newell Rubbermaid (NWL)

Analysts at Oppenheimer think that Newell Rubbermaid Inc. (NWL) can perform better going forward. As such, the analysts boosted its price target on Wednesday.

The analysts maintain an “Outperform” rating on NWL and see shares reaching $30. This target suggests a 17% upside to Tuesday’s closing price of $25.59.

Newell Rubbermaid shares were down 20 cents, or -0.79%, during Wednesday morning trading. The stock is up +40.34% over the past year.

The Bottom Line
Shares of Newell Rubbermaid (NWL) have a dividend yield of 2.36% based on Wednesday’s intraday trading price of $25.39 and the company’s annualized dividend payout of 60 cents per share.

Newell Rubbermaid Inc. (NWL) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here