In a report released today, Michael Harrison CFA from Seaport Global maintained a Buy rating on RPM International (RPM – Research Report), with a price target of $130.00. The company’s shares closed last Friday at $108.45.
Harrison CFA covers the Basic Materials sector, focusing on stocks such as RPM International, Quaker Chemical, and Air Products and Chemicals. According to TipRanks, Harrison CFA has an average return of 7.8% and a 65.00% success rate on recommended stocks.
In addition to Seaport Global, RPM International also received a Buy from BMO Capital’s John McNulty in a report issued on April 5. However, on April 10, Wells Fargo maintained a Hold rating on RPM International (NYSE: RPM).
The company has a one-year high of $120.74 and a one-year low of $77.46. Currently, RPM International has an average volume of 600.1K.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RPM in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
RPM International (RPM) Company Description:
RPM International, Inc. engages in the manufacture, marketing, and sale of coatings, sealants, building materials, and related services. It operates through the following business segments: Industrial, Consumer, and Specialty. The Industrial segment is the maintenance and protection products for roofing and waterproofing systems, flooring, passive fire protection, corrosion control, high-performance sealing and bonding solutions, infrastructure rehabilitation and repair, and other construction chemicals. The Consumer segment is comprised of rust-preventative, special purpose and decorative paints, caulks, sealants, primers, nail enamels, cement and wood care coatings, and other branded consumer products. The Specialty segment includes industrial cleansers, restoration services equipment, colorants, exterior finishes, edible coatings, and other specialty original equipment manufacturer coatings. The company was founded by Frank C. Sullivan in May 1947 and is headquartered in Medina, OH.
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