Zacks Investment Research downgraded Stanley Black & Decker, Inc. (NYSE:SWK) to Hold in a statement released earlier today.
- Updated: October 14, 2016
Displaying a price of $121.36, Stanley Black & Decker, Inc. (NYSE:SWK) traded 0.33% higher on the day. With the last stock price up 4.49% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $122.08 and a 200-day moving average of $116.03. 757,867 shares of the stock traded hands, down from an average trading volume of 935,643
Zacks Investment Research has downgraded Stanley Black & Decker, Inc. (NYSE:SWK) to Hold in a statement released on 10/14/2016.
On Monday September 26, 2016, Zacks Investment Research released a statement on Stanley Black & Decker, Inc. (NYSE:SWK) bumped up the target price from $0.00 to $135.00 that suggested an upside of 0.11%.
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Stanley Black & Decker, Inc. has a 52 week low of $88.72 and a 52 week high of $124.86 with a P/E ratio of 18.93 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 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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