Rpm stock price forecast for Q3 2024 points to a possible 5–7%

RPM stock price forecast for Q3 2024 points to a possible 5–7% upside as raw material costs stabilize and housing renovation demand improves post-spring season. Traders are watching the 50-day moving average as a key technical support around $101. Price Action: RPM shares were trading lower by 2.46% to $114.98 premarket at last check Wednesday. Asia Pacific is registered the highest growth during the forecast period with significant CAGR in 2023. The latest RPM stock price forecast reflects steady resilience amid market volatility, trading near $103 in early June 2024, with analysts calling for a potential breakout towards $108 if construction materials demand remains robust. Institutional sentiment shows increased long positions, hinting at continued industrial sector strength.