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.