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How Does Newell Brands Inc (NWL) Stock Rank on Wall Street Friday?

Friday, September 29, 2023 02:31 PM | InvestorsObserver Analysts

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How Does Newell Brands Inc (NWL) Stock Rank on Wall Street Friday?

InvestorsObserver is giving Newell Brands Inc (NWL) an Analyst Rating Rank of 26, meaning NWL is ranked higher by analysts than 26% of stocks. The average price target for NWL is $13.181 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating NWL a Buy today. Find out what this means to you and get the rest of the rankings on NWL!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Newell Brands Inc Stock Today?

Newell Brands Inc (NWL) stock is higher by 3.68% while the S&P 500 is lower by -0.45% as of 2:31 PM on Friday, Sep 29. NWL is up $0.32 from the previous closing price of $8.70 on volume of 2,294,039 shares. Over the past year the S&P 500 is up 17.58% while NWL is lower by -35.43%. NWL lost -$0.75 per share the over the last 12 months. Click Here to get the full Stock Report for Newell Brands Inc stock.

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