Analysts’ recommendations for RPM International
As of March 31, 2017, 13 brokerage firms are actively tracking RPM International (RPM) stock. About 38% of these analysts have recommended a “buy” for the stock, while 62% of analysts have recommended a “hold,” and none of the brokerage firms have recommended a “sell” for the stock.
The analyst consensus indicates a 12-month target price for RPM at $56.75, which implies a return potential of 3.1% from its closing price of $55.03 on March 31, 2017.
The majority of analysts recommend a “hold”
RPM International’s revenue and earnings have been on an upward trend since 2006. Given this positive trend, the majority of analysts recommended a “hold” on the stock.
Recommendations and targets by some well-known brokerage firms
Below are the recommended target prices from some well-known brokerage firms for RPM International:
- On February 14, 2017, Evercore rated RPM International a “buy” with a target price of $59, which implies a 12-month potential return of 7.2% over the March 31, 2017, closing price of $55.03.
- On December 5, 2016, BofA Merrill Lynch rated RPM International a “neutral” with a target price of $58, which implies a 12-month potential return of 5.4% over the March 31, 2017, closing price of $55.03.
Investors can indirectly hold RPM International by investing in the ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), which invests 2.3% of its portfolio in RPM. The top holdings of the fund include Meredith (MDP), Aqua America (WTR), and Nordson (NDSN), which have weights of 2.5%, 2.3%, and 2.3% as of March 31, 2017, respectively.