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Sherwin-Williams Rides Crest Of Construction Market Upswing

2014-10-11 10:11:01| Chemicals - Topix.net

In the report, RBC Capital Markets analyst Arun Viswanathanan notes that more than 70% of Sherwin-Williams' sales are tied to U.S. construction. "We expect its industry-leading growth, margins and cash flow generation to continue to expand as construction markets improve due to high correlation between architectural coatings volumes and existing home sales," noted Viswanathanan, who rates Sherwin-Williams an outperform.

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