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A statement released earlier today by Wunderlich about Smith & Wesson Holding Corp (NASDAQ:SWHC) lowers the target price to $29.00

In a report released on 10/06/2016 Wunderlich reduced the stock price target of Smith & Wesson Holding Corp (NASDAQ:SWHC) from $36.00 to $29.00 reporting a possible upside of 0.11%.

Previously on 9/6/2016, Vetr Inc. released a statement about Smith & Wesson Holding Corp (NASDAQ:SWHC) increased the target price from $0.00 to $31.72. At the time, this indicated a possible upside of 0.15%.

Just yesterday Smith & Wesson Holding Corp (NASDAQ:SWHC) traded 0.48% higher at $26.16. Smith & Wesson Holding Corp’s 50-day moving average is $27.49 and its 200-day moving average is $25.94. The last stock price is up -2.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,896,017 shares of the stock were exchanged, down from an average trading volume of 2,051,220

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Smith & Wesson Holding Corp (NASDAQ:SWHC)

Smith & Wesson Holding Corp has a 52 week low of $17.05 and a 52 week high of $31.19 with a P/E ratio of 12.74 The company’s market cap is currently $0.

In addition to Wunderlich reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $29.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Smith & Wesson Holding Corp (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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