Valspar Corp Sentiment Worsening on Low Stock Potential

October 12, 2017 - By Kurt Siggers

 Valspar Corp Sentiment Worsening on Low Stock Potential

Sentiment for Valspar Corp (NYSE:VAL)

Valspar Corp (NYSE:VAL) institutional sentiment decreased to 0.01 in 2017 Q2. Its down -0.91, from 0.92 in 2017Q1. The ratio turned negative, as 2 investment professionals started new or increased stock positions, while 284 sold and reduced their stock positions in Valspar Corp. The investment professionals in our partner’s database now possess: 1.24 million shares, down from 51.76 million shares in 2017Q1. Also, the number of investment professionals holding Valspar Corp in their top 10 stock positions decreased from 16 to 1 for a decrease of 15. Sold All: 283 Reduced: 1 Increased: 2 New Position: 0.

The Valspar Corporation is engaged in developing, manufacturing and distributing a range of coatings, paints and related products. The company has market cap of $9.00 billion. The Firm operates through two divisions: Coatings and Paints. It currently has negative earnings. The Coatings segment includes its industrial product lines and packaging product line.

It is down 4.45% since October 12, 2016 and is uptrending. It has underperformed by 12.25% the S&P500.

Alpine Associates Management Inc. holds 3.66% of its portfolio in The Valspar Corp for 1.19 million shares. Bahl & Gaynor Inc owns 23,066 shares or 0.03% of their US portfolio. Moreover, Pictet Asset Management Ltd has 0.01% invested in the company for 26,000 shares. The Illinois-based Envestnet Asset Management Inc has invested 0% in the stock. Glenmede Trust Co Na, a Pennsylvania-based fund reported 601 shares.#img1#

The Valspar Corp (NYSE:VAL) Ratings Coverage

Ratings analysis reveals 0 of Valspar’s analysts are positive. Out of 10 Wall Street analysts rating Valspar, 0 give it “Buy”, 0 “Sell” rating, while 10 recommend “Hold”. The lowest target is $73 while the high is $113. The stock’s average target of $91.88 is 0.00% above today’s ($0) share price. VAL was included in 18 notes of analysts from August 11, 2015. On Wednesday, November 25 the stock rating was downgraded by JP Morgan to “Neutral”. Northcoast downgraded the stock to “Neutral” rating in Tuesday, March 22 report. RBC Capital Markets upgraded The Valspar Corp (NYSE:VAL) rating on Monday, March 21. RBC Capital Markets has “Sector Perform” rating and $113 target. The firm has “Hold” rating by Deutsche Bank given on Monday, March 21. JP Morgan upgraded The Valspar Corp (NYSE:VAL) on Friday, September 18 to “Overweight” rating. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Tuesday, March 8. The rating was downgraded by JP Morgan on Tuesday, August 11 to “Overweight”. As per Tuesday, March 22, the company rating was downgraded by Longbow. On Wednesday, November 25 the stock rating was downgraded by RBC Capital Markets to “Underperform”. The stock of The Valspar Corp (NYSE:VAL) has “Neutral” rating given on Tuesday, March 22 by Credit Suisse.

More notable recent The Valspar Corp (NYSE:VAL) news were published by: Marketwatch.com which released: “Sherwin-Williams Completes Acquisition Of Valspar, Creates The Global Leader …” on June 01, 2017, also Cleveland.com with their article: “Sherwin-Williams and Valspar selling off wood coatings business to Axalta for …” published on April 13, 2017, Nasdaq.com published: “Spf Beheer Bv Buys Accenture PLC, Sells The Valspar Corp” on July 08, 2017. More interesting news about The Valspar Corp (NYSE:VAL) were released by: Bizjournals.com and their article: “Former Valspar CEO Gary Hendrickson named chairman of Illinois building …” published on June 20, 2017 as well as Prnewswire.com‘s news article titled: “The Valspar Corporation Expands Production Capacity for Automotive Refinish …” with publication date: May 25, 2017.

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