Newell Brands (NYSE:NWL) Raised to Buy at StockNews.com

Newell Brands (NYSE:NWLGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a report released on Monday.

NWL traded up $0.14 on Monday, reaching $19.59. 2,952,710 shares of the stock were exchanged, compared to its average volume of 3,523,423. The firm’s 50-day moving average is $22.36. Newell Brands has a fifty-two week low of $18.90 and a fifty-two week high of $29.10.

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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