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Newell Brands Inc has a consensus price target of $10.64 based on the ratings of 12 analysts. The high is $28 issued by Jefferies on September 14, 2022. The low is $6.25 issued by Citigroup on July 10, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Canaccord Genuity, and JP Morgan on October 28, 2024, October 28, 2024, and October 11, 2024, respectively. With an average price target of $10 between Wells Fargo, Canaccord Genuity, and JP Morgan, there's an implied 14.35% upside for Newell Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Newell Brands (NASDAQ:NWL) was reported by Wells Fargo on October 28, 2024. The analyst firm set a price target for $9.00 expecting NWL to rise to within 12 months (a possible 2.92% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for Newell Brands (NASDAQ:NWL) was provided by Wells Fargo, and Newell Brands maintained their equal-weight rating.
The last upgrade for Newell Brands Inc happened on May 14, 2024 when Barclays raised their price target to $8. Barclays previously had an underweight for Newell Brands Inc.
The last downgrade for Newell Brands Inc happened on February 16, 2024 when UBS changed their price target from $10 to $8.5 for Newell Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newell Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Newell Brands was filed on October 28, 2024 so you should expect the next rating to be made available sometime around October 28, 2025.
While ratings are subjective and will change, the latest Newell Brands (NWL) rating was a maintained with a price target of $8.00 to $9.00. The current price Newell Brands (NWL) is trading at is $8.74, which is within the analyst’s predicted range.
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