Wells Fargo analyst Joe O’Dea maintained a Hold rating on Stanley Black & Decker (SWK – Research Report) today and set a price target of $95.00. The company’s shares closed last Friday at $88.94.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 5.6% and a 53.37% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Carrier Global, and Emerson Electric Company.
In addition to Wells Fargo, Stanley Black & Decker also received a Hold from Goldman Sachs’s Joe Ritchie in a report issued on February 5. However, on February 6, J.P. Morgan maintained a Sell rating on Stanley Black & Decker (NYSE: SWK).
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The company has a one-year high of $102.93 and a one-year low of $71.10. Currently, Stanley Black & Decker has an average volume of 1.33M.
Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SWK in relation to earlier this year.
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Stanley Black & Decker (SWK) Company Description:
Stanley Black & Decker, Inc. is a manufacturer and provider of tools (power and hand tools) and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and many more items and services. The company also sells household hardware and security products.
Read More on SWK:
- Stanley Black & Decker price target lowered to $105 from $110 at Barclays
- Stanley Black & Decker price target lowered to $82 from $90 at Baird
- Stanley Black & Decker sees FY24 adjusted EPS $3.50-$4.50, consensus $4.46
- Stanley Black & Decker reports Q4 adjusted EPS 92c, consensus 79c
- Stanley Black & Decker Reports 4Q & Full Year 2023 Results
