Wells Fargo analyst Joe O’Dea maintained a Hold rating on Stanley Black & Decker (SWK – Research Report) yesterday and set a price target of $98.00. The company’s shares closed last Friday at $89.32.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 7.7% and a 56.59% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Lennox International.
The word on The Street in general, suggests a Hold analyst consensus rating for Stanley Black & Decker with a $94.86 average price target, representing a 6.20% upside. In a report released on April 18, Robert W. Baird also maintained a Hold rating on the stock with a $80.00 price target.
Based on Stanley Black & Decker’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.95 billion and a net profit of $4.7 million. In comparison, last year the company earned a revenue of $4.12 billion and had a net profit of $844.6 million
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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.
