A report released today by Wunderlich Securities about Smith & Wesson (NASDAQ:SWHC) bumps down the target price to $29.00
- Updated: October 5, 2016
In a statement issued on 10/6/2016 Wunderlich Securities lowered the target of Smith & Wesson (NASDAQ:SWHC) from $36.00 to $29.00 indicating a possible upside of 0.11%.
Previously on 09/06/2016, Vetr Inc. reported about Smith & Wesson (NASDAQ:SWHC) increased the target price from $0.00 to $31.72 that suggested an upside of 0.15%.
Having a price of $26.16, Smith & Wesson (NASDAQ:SWHC) traded -0.30% lower on the day. With the last stock price close up 0.73% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $27.69 and a 200-day moving average of $25.97. 920,611 shares of SWHC traded hands, down from an average trading volume of 2,023,560
Recent Performance Chart
Smith & Wesson has a 52 week low of $17.05 and a 52 week high of $31.19 with a P/E ratio of 13.15 The company’s market cap is currently $0.
Also covering Smith & Wesson's price target, a total of 9 analysts have issued a research note on the company. The average stock price target is $29.00 with 0 firms rating the stock a strong buy, zero analysts rating the company a buy, zero equity analysts rating the company a hold, zero brokerages rating the company a underperform, and finally 0 firms rating the stock a sell.
Brief Synopsis On Smith & Wesson (NASDAQ:SWHC)
Smith & Wesson Holding Corporation is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and rugged outdoor enthusiast. The Company operates through two segments: firearms and accessories. The firearm segment includes firearms, handcuffs and other related products sold through a distribution chain and direct sales to consumers and international, state and federal governments. The accessories segment consists of shooting, hunting and outdoor accessories. It manufactures an array of handguns, including revolvers and pistols; long guns, including modern sporting rifles, bolt action rifles and single shot rifles; handcuffs, and firearm-related products and accessories. It also provides shooting, hunting and outdoor accessories, including reloading, gunsmithing, gun cleaning supplies, tree saws and vault accessories. The Company sells its products under the Smith & Wesson, M&P, Thompson/Center Arms and Wheeler Engineering, among other brands.
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