Barclays Maintains Equal-Weight Rating for Newell Brands: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of Newell Brands NWL and lower its price target from $19.00 to $18.00.

Shares of Newell Brands are trading up 0.52% over the last 24 hours, at $18.25 per share.

A move to $18.00 would account for a 1.4% decline from the current share price.

About Newell Brands

Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. Learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products and labeling solutions.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.