Stanley Black & Decker with ticker code (SWK) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 209 and 110 with a mean TP of 162.57. With the stocks previous close at 123.61 this now indicates there is a potential upside of 31.5%. The day 50 moving average is 143.21 while the 200 day moving average is 174.32. The market capitalisation for the company is $18,271m. Company Website: https://www.stanleyblackanddecker.com
The potential market cap would be $24,030m based on the market concensus.
Stanley Black & Decker engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Its Tools & Storage segment offers professional products, including professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products, such as corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as corded and cordless lawn and garden products and related accessories; home products; and hand tools, power tool accessories, and storage products. This segment sells its products through retailers, distributors, dealers, and a direct sales force to professional end users, distributors, dealers, 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 and performance-driven heavy equipment attachment tools. This segment serves oil and natural gas pipeline industry and other industrial customers. It also sells automatic doors to commercial 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.
