The Valspar (NYSE: VAL) had its target price raised by Barclays Capital from $63.00 to $67.00 in a report issued on Thursday. They currently have an equal weight rating on the stock.
The Valspar traded up 1.44% on Thursday, hitting $63.32. The Valspar has a 1-year low of $45.07 and a 1-year high of $68.42. The stock’s 50-day moving average is currently $65.70. The company has a market cap of $5.666 billion and a price-to-earnings ratio of 19.97.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a hold rating on shares of The Valspar in a research note to investors on Wednesday, February 13th. They now have a $68.00 price target on the stock, up previously from $64.00. Separately, analysts at KeyBanc upgraded shares of The Valspar from a hold rating to a buy rating in a research note to investors on Wednesday, January 2nd. They now have a $75.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of The Valspar in a research note to investors on Thursday, November 29th. They set an underweight rating and a $60.00 price target on the stock.
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