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What is Wall Street's Target Price for Newell Brands Inc (NWL) Stock Tuesday?

Tuesday, November 21, 2023 03:23 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Newell Brands Inc (NWL) Stock Tuesday?

InvestorsObserver is giving Newell Brands Inc (NWL) an Analyst Rating Rank of 16, meaning NWL is ranked higher by analysts than 16% of stocks. The average price target for NWL is $8.318 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
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?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Newell Brands Inc Stock Today?

Newell Brands Inc (NWL) stock is trading at $7.35 as of 3:12 PM on Tuesday, Nov 21, a decline of -$0.16, or -2.13% from the previous closing price of $7.51. The stock has traded between $7.29 and $7.45 so far today. Volume today is less active than usual. So far 1,340,769 shares have traded compared to average volume of 5,585,364 shares. Click Here to get the full Stock Report for Newell Brands Inc stock.

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