RBC Capital Reiterates Their Hold Rating on RPM International

By Jason Carr

In a report issued on November 13, Arun Viswanathan from RBC Capital reiterated a Hold rating on RPM International (NYSE: RPM), with a price target of $51. The company’s shares closed yesterday at $51.46.

According to TipRanks.com, Viswanathan is a 5-star analyst with an average return of 15.3% and a 75.4% success rate. Viswanathan covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.

Currently, the analyst consensus on RPM International is Moderate Buy and the average price target is $53.50, representing a 4.0% upside.

In a report issued on November 1, KeyBanc also reiterated a Hold rating on the stock.

RPM International’s market cap is currently $6.87B and has a P/E ratio of 38.12. The company has a book value ratio of 4.4075.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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, Inc. engages in the manufacture, marketing, and sale of coatings, sealants, building materials, and related services. It operates through the following segments: Industrial, Specialty and Consumer.