Morgan Stanley has adjusted its price target for Sherwin-Williams (SHW, Financial), lowering it from $405 to $385. Despite this reduction, the firm maintains an Overweight rating for the stock. The decision comes as Morgan Stanley revises its earnings per share forecasts, factoring in potential tariff risks and aligning estimates with the company's existing guidance.
While acknowledging challenges in the housing market and uncertainties related to tariffs, Morgan Stanley's recent survey, conducted between March 26 and 31, yielded positive insights. The survey results suggest resilience, hinting at potential positive performance for Sherwin-Williams despite current macroeconomic challenges.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Sherwin-Williams Co (SHW, Financial) is $379.43 with a high estimate of $420.00 and a low estimate of $248.43. The average target implies an upside of 17.73% from the current price of $322.30. More detailed estimate data can be found on the Sherwin-Williams Co (SHW) Forecast page.
Based on the consensus recommendation from 30 brokerage firms, Sherwin-Williams Co's (SHW, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sherwin-Williams Co (SHW, Financial) in one year is $312.03, suggesting a downside of 3.19% from the current price of $322.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sherwin-Williams Co (SHW) Summary page.
