RSS
Bank of America Raises Price Target on Newell Rubbermaid (NWL)
Bank of America Merrill Lynch reported on Friday that they have raised their price target on marketer of consumer and commercial products, Newell Rubbermaid Inc.(NWL
).
The firm has reaffirmed a “Buy” rating on NWL, and has increased the company’s price target from $27 to $28. This price target suggests a 17% increase from the stock’s current price of $23.34.
Newell Rubbermaid shares were mostly flat during premarket trading Friday. The stock has increased 27% in the past year.
The Bottom Line
Shares of Newell Rubbermaid Inc.(NWL) have a 2.57% yield, based on Thursday’s closing price of $23.34.
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.
FREE Dividend Stock Newsletter
Get the Dividend.com email newsletter to receive:
- A free copy of our acclaimed report, 5 Rules of Winning Dividend Stock Investing
- Free daily investing tips and picks from Dividend.com CEO Paul Rubillo
- Tons of great market analysis and recommendations
MOST POPULAR ARTICLES ON DIVIDEND.COM
ABOUT THIS ARTICLE
THE BEST DIVIDEND STOCKS
Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the 
ADVERTISING PARTNERS
