StockNews.com Downgrades Newell Brands (NYSE:NWL) to Sell

Newell Brands (NYSE:NWLGet Rating) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Newell Brands Trading Up 1.8 %

Shares of NWL stock opened at $15.41 on Friday. Newell Brands has a 1 year low of $12.24 and a 1 year high of $26.45. The company has a market cap of $6.37 billion and a price-to-earnings ratio of 10.34.

About Newell Brands

(Get Rating)

Newell Brands Inc designs, manufactures, sources, and distributes consumer and commercial products worldwide. It operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and home and security, and smoke and carbon monoxide alarms products under the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands.

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