Analysts Offer Insights on Industrial Goods Companies: Stanley Black & Decker (SWK) and Fastenal Company (FAST)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Stanley Black & Decker (SWK – Research Report) and Fastenal Company (FAST – Research Report).
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Stanley Black & Decker (SWK)
In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Stanley Black & Decker, with a price target of $89.00. The company’s shares closed last Monday at $75.24.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of
Currently, the analyst consensus on Stanley Black & Decker is a Moderate Buy with an average price target of $85.75, implying a 12.4% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $88.00 price target.
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Fastenal Company (FAST)
In a report released today, Guy Hardwick from Barclays maintained a Hold rating on Fastenal Company, with a price target of $44.00. The company’s shares closed last Monday at $41.75.
According to TipRanks.com, Hardwick is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fastenal Company with a $44.29 average price target.
