Brokerages Set Whirlpool Co. (WHR) PT at $183.60
Whirlpool Co. (NYSE:WHR) has been given an average recommendation of “Hold” by the eight analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $183.60.
WHR has been the subject of several analyst reports. Zacks Investment Research cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. ValuEngine upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Royal Bank of Canada lowered shares of Whirlpool from a “top pick” rating to a “sector perform” rating and decreased their price objective for the stock from $209.00 to $184.00 in a report on Tuesday, October 24th. MKM Partners set a $177.00 price objective on shares of Whirlpool and gave the stock a “hold” rating in a report on Friday, October 6th. Finally, Bank of America lowered shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a report on Tuesday, October 24th.
Whirlpool (WHR) traded down $0.88 during trading on Friday, hitting $166.65. 1,108,700 shares of the stock traded hands, compared to its average volume of 886,214. Whirlpool has a twelve month low of $158.80 and a twelve month high of $202.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90. The stock has a market cap of $12,340.00, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.51 and a beta of 1.87.
Hedge funds have recently modified their holdings of the company. Sun Life Financial INC lifted its holdings in shares of Whirlpool by 7,628.6% in the 2nd quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Whirlpool by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after acquiring an additional 135 shares during the last quarter. Cerebellum GP LLC acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $128,000. Valeo Financial Advisors LLC acquired a new stake in Whirlpool during the 3rd quarter worth approximately $129,000. Finally, Westwood Holdings Group Inc. acquired a new stake in Whirlpool during the 2nd quarter worth approximately $153,000. Hedge funds and other institutional investors own 92.60% of the company’s stock.
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Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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