Stanley Black & Decker with ticker code (SWK) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 250 and 188 with the average target price sitting at 222.73. Given that the stocks previous close was at 175.03 this would indicate that there is a potential upside of 27.3%. There is a 50 day moving average of 186.03 and the 200 day moving average is 194.42. The market capitalisation for the company is $27,988m. You can visit the company’s website by visiting: https://www.stanleyblackanddecker.com
The potential market cap would be $35,615m based on the market concensus.
Stanley Black & Decker engages in the tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products. This segment sells its products through retailers, distributors, and a direct sales force to professional end users, distributors, retail consumers, and industrial customers in various industries. The company’s Industrial segment provides engineered fastening systems and products to customers in the automotive, manufacturing, electronics, construction, aerospace, and other industries; sells and rents custom pipe handling, joint welding, and coating equipment for use in the construction of large and small diameter pipelines, as well as provides pipeline inspection services; and sells hydraulic tools, attachments, and accessories. This segment also serves oil and natural gas pipeline industry and other industrial customers. Its Security segment designs, supplies, and installs commercial electronic security systems and provides electronic security services; offers healthcare solutions, which include asset tracking, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products; and sells automatic doors to commercial customers. This segment serves consumers, retailers, educational, financial, and healthcare institutions, as well as commercial, governmental, and industrial customers. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker in March 2010. Stanley Black & Decker was founded in 1843 and is headquartered in New Britain, Connecticut.