RPM International Gears Up For Q1 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

RPM International Inc. RPM is expected to release financial results for the fiscal 2024 first quarter before the opening bell on Oct. 4, 2023.

Analysts expect the company to post quarterly earnings at $1.55 per share, up from year-ago earnings of $1.47 per share. The company’s revenue might come in at $1.97 billion, compared to $1.89 billion in the year-ago period.

RPM International shares fell 0.7% to close at $94.19 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Morgan Stanley analyst Vincent Sinisi maintained an Equal-Weight rating and raised the price target from $88 to $107 on July 31, 2023. This analyst has an accuracy rate of 70%.
• JP Morgan analyst Jeffrey Zekauskas maintained an Overweight rating and boosted the price target from $90 to $110 on July 27, 2023. This analyst has an accuracy rate of 71%.
• BMO Capital analyst John McNulty maintained an Outperform rating and raised the price target from $97 to $119 on July 27, 2023. This analyst has an accuracy rate of 65%.
• Deutsche Bank analyst David Huang upgraded the stock from Hold to Buy and increased the price target from $90 to $118 on July 27, 2023. This analyst has an accuracy rate of 69%.
• Wells Fargo analyst Michael Sison maintained an Equal-Weight rating and cut the price target from $92 to $85 on April 10, 2023. This analyst has an accuracy rate of 69%.

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