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Zacks Investment Research downgraded Stanley Black & Decker, Inc. (NYSE:SWK) to Hold in a report released today.

Zacks Investment Research has downgraded Stanley Black & Decker, Inc. (NYSE:SWK) to Hold in a report released on 6/21/2017.

Yesterday Stanley Black & Decker, Inc. (NYSE:SWK) traded 0.22% higher at $142.89. The company’s 50-day moving average is $141.44 and its 200-day moving average is $137.97. The last closing price is up 7.30% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 1,232,025 shares of the stock traded hands, up from an average trading volume of 963,914

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Stanley Black & Decker, Inc. (NYSE:SWK)

Stanley Black & Decker, Inc. has a 52 week low of $111.89 and a 52 week high of $148.36 with a P/E ratio of 18.96 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 13 brokers have issued a report on the company. The average stock price target is $121.31 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Stanley Black & Decker, Inc. (NYSE:SWK)

Stanley Black & Decker, Inc. is a global provider of hand tools, power tools and related accessories, mechanical access solutions, such as 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's segments include Tools & Storage, Security and Industrial. Its Tools & Storage segment consists of the Power Tools and Hand Tools, Accessories and Storage businesses. Its Security segment consists of the Convergent Security Solutions and Mechanical Access Solutions businesses. Its Industrial segment consists of the Engineered Fastening and Infrastructure businesses. It offers brands, such as SIDCHROME, AeroScout, DEWALT, Newell Tools and Craftsman, Irwin, Lenox, Craftsman, BLACK+DECKER, SONITROL, Warren, GRIPCO, Porter-Cable, BOSTITCH and WanderGuard.

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