RPM International (NYSE:RPM) Price Target Raised to $140.00

RPM International (NYSE:RPM - Get Free Report) had its price objective increased by BMO Capital Markets from $126.00 to $140.00 in a report released on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the specialty chemicals company's stock. BMO Capital Markets' target price points to a potential upside of 21.45% from the company's current price.

A number of other equities analysts have also recently issued reports on RPM. Morgan Stanley dropped their price target on shares of RPM International from $125.00 to $113.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 9th. Fermium Researc upgraded RPM International to a "hold" rating in a research report on Wednesday, April 9th. Royal Bank of Canada cut their price target on RPM International from $126.00 to $116.00 and set a "sector perform" rating for the company in a research note on Thursday, April 10th. UBS Group lowered their price target on RPM International from $113.00 to $110.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Finally, Wells Fargo & Company dropped their price target on RPM International from $140.00 to $116.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $124.55.

RPM International Trading Up 0.6%

Shares of RPM stock traded up $0.64 on Friday, hitting $115.27. 176,955 shares of the company's stock traded hands, compared to its average volume of 685,858. The stock has a market capitalization of $14.80 billion, a price-to-earnings ratio of 22.80, a P/E/G ratio of 1.97 and a beta of 1.06. The company's fifty day simple moving average is $109.29 and its 200 day simple moving average is $119.78. RPM International has a one year low of $95.28 and a one year high of $141.79. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.46 and a current ratio of 2.23.

RPM International (NYSE:RPM - Get Free Report) last posted its earnings results on Tuesday, April 8th. The specialty chemicals company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.15). The firm had revenue of $1.48 billion for the quarter, compared to analysts' expectations of $1.51 billion. RPM International had a return on equity of 26.76% and a net margin of 8.89%. The business's revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.52 earnings per share. Equities analysts forecast that RPM International will post 5.5 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of RPM International by 55.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 236 shares of the specialty chemicals company's stock valued at $29,000 after buying an additional 84 shares in the last quarter. Fiduciary Alliance LLC raised its position in RPM International by 1.3% during the 1st quarter. Fiduciary Alliance LLC now owns 9,163 shares of the specialty chemicals company's stock worth $1,060,000 after buying an additional 116 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in RPM International by 43.4% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 390 shares of the specialty chemicals company's stock valued at $45,000 after purchasing an additional 118 shares during the period. Bradley Foster & Sargent Inc. CT grew its holdings in RPM International by 4.0% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 3,434 shares of the specialty chemicals company's stock worth $423,000 after acquiring an additional 132 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in shares of RPM International by 58.7% during the 4th quarter. Farther Finance Advisors LLC now owns 419 shares of the specialty chemicals company's stock valued at $52,000 after purchasing an additional 155 shares in the last quarter. 80.95% of the stock is owned by institutional investors.

RPM International Company Profile

RPM International Inc manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. It offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; insulated building cladding materials; and concrete form wall systems.

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