A statement released earlier today by Zacks Investment Research about Stanley Black & Decker, Inc. (NYSE:SWK) bumps the target price to $135.00
- Updated: September 26, 2016
Boasting a price of $121.08, Stanley Black & Decker, Inc. (NYSE:SWK) traded -0.02% lower on the day. With the last stock price close up 6.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SWK has recorded a 50-day average of $122.33 and a two hundred day average of $114.01. Volume of trade was down over the average, with 634,561 shares of SWK changing hands under the typical 944,327
Zacks Investment Research increased the target price of Stanley Black & Decker, Inc. (NYSE:SWK) to $135.00 indicating a possible upside of 0.11%.
With a total market value of $0, Stanley Black & Decker, Inc. has P/E ratio of 18.88 with a 52 week low of $88.72 and a 52 week high of $124.73 .
In addition to Zacks Investment Research reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $121.31 with 0 analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About Stanley Black & Decker, Inc. (NYSE:SWK)
Stanley Black & Decker, Inc. is a provider of hand tools, power tools and related accessories, mechanical access solutions (automatic doors and commercial locking systems), electronic security and monitoring systems, healthcare solutions, engineered fastening systems, and products and services for various industrial applications. The Company operates through three segments: Tools & Storage, Security and Industrial. The Tools & Storage segment comprises the Power Tools, and Hand Tools & Storage businesses. The Security segment comprises the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses. The Industrial segment comprises the Engineered Fastening and Infrastructure businesses. The Infrastructure business consists of the Oil & Gas and Hydraulics businesses. The Company has a portfolio of brands, including STANLEY, BLACK+DECKER, DEWALT, Porter-Cable, Bostitch, Proto, MAC, FACOM, AeroScout, Powers, LISTA, SIDCHROME, Vidmar, SONITROL and GQ.
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