Stanley Black & Decker (NYSE:SWK) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.23 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Goldman Sachs initiates coverage on Stanley Black & Decker (NYSE:SWK). Goldman Sachs has a Neutral rating on the shares. As per the latest report, the brokerage house announces the price target to $120 per share. The rating by the firm was issued on June 10, 2016.
Stanley Black & Decker (NYSE:SWK): According to 9 Analysts, The short term target price has been estimated at $ 122.11.The target price could deviate by a maximum of $7.47 from the forecast price. In the near term, the target price could hit a high of $130 and a low of $ 107.
Stanley Black & Decker (NYSE:SWK) witnessed a decline in the market cap on Tuesday as its shares dropped 0.24% or 0.27 points. After the session commenced at $114.3, the stock reached the higher end at $114.56 while it hit a low of $113.79. With the volume soaring to 954,668 shares, the last trade was called at $114.07. The company has a 52-week high of $115.155. The company has a market cap of $17,124 million and there are 150,116,620 shares in outstanding. The 52-week low of the share price is $88.72.
Shares of Stanley Black & Decker, Inc. rose by 2.65% in the last five trading days and 1.46% for the last 4 weeks. Stanley Black & Decker, Inc. is up 11.09% in the last 3-month period. Year-to-Date the stock performance stands at 8.02%.
Stanley Black & Decker, Inc. is a global provider of power and hand tools, products and services. The Company provides products and services for various industrial applications, mechanical access solutions (automatic doors and commercial locking systems), and electronic security and monitoring systems. The Companys operating segments include: Construction & Do-It-Yourself (CDIY), Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group, which includes outdoor products; the Hand Tools & Storage business, and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR), Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.