Susquehanna Maintains Stanley Black & Decker to Positive with Price Target $126.00

Brokerage firm Susquehanna Maintains its rating on Stanley Black & Decker(NYSE:SWK). In a research note issued to the investors, the brokerage major Raises the price-target to $126.00 per share. The shares have been rated Positive. The rating by Susquehanna was issued on Apr 14, 2016.

In a different note, On Jan 29, 2016, Imperial Capital said it Maintains its rating on Stanley Black & Decker. In the research note, the firm Lowers the price-target to $110.00 per share. The shares have been rated ‘In-line’ by the firm.

Stanley Black & Decker (SWK) made into the market gainers list on Mondays trading session with the shares advancing 0.29% or 0.32 points. Due to strong positive momentum, the stock ended at $109.11, which is also near the day’s high of $109.11. The stock began the session at $108.31 and the volume stood at 9,58,657 shares. The 52-week high of the shares is $111.18 and the 52 week low is $88.72. The company has a current market capitalization of $16,621 M and it has 15,23,35,310 shares in outstanding.

Stanley Black & Decker(SWK) last announced its earnings results on Jan 28, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $2.85B. Analysts had an estimated revenue of $2.95B. Earnings per share were $1.78. Analysts had estimated an EPS of $1.77.

Several Insider Transactions has been reported to the SEC. On Mar 30, 2016, Lee B Mcchesney (CFO-GTS(incl Licensing & BD) sold 1,323 shares at $104.90 per share price.Also, On Mar 30, 2016, Jeffrey D Ansell (SVP & Group Executive-GTS) sold 2,337 shares at $105.12 per share price.On Mar 8, 2016, Joseph R Voelker (SVP, Human Resources) sold 2,554 shares at $98.70 per share price, according to the Form-4 filing with the securities and exchange commission.

Stanley Black & Decker Inc. is a global provider of power and hand tools products and services. The Company provides products and services for various industrial applications mechanical access solutions (automatic doors and commercial locking systems) and electronic security and monitoring systems. The Company’s operating segments include: Construction & Do-It-Yourself (CDIY) Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group which includes outdoor products; the Hand Tools & Storage business and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR) Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.

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