Stanley Black & Decker (SWK) : The consensus on Stanley Black & Decker (SWK) based on 12 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Stanley Black & Decker (SWK) : 7 Wall Street analysts covering Stanley Black & Decker (SWK) believe that the average level the stock could reach for the short term is $128.57. The maximum price target given is $135 and the minimum target for short term is around $119, hence the standard deviation is calculated at $5.62.
Also, Major Brokerage house, Longbow Research downgrades its ratings on Stanley Black & Decker (NYSE:SWK). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 22, 2016.
Stanley Black & Decker (NYSE:SWK): After opening at $119.88, the stock dipped to an intraday low of $119.88 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $121.64 and the buying power remained strong till the end. The stock closed at $121.38 for the day, a gain of 1.15% for the day session. The total traded volume was 793,553. The stocks close on the previous trading day was $120.
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.