Susquehanna Believes Stanley Black & Decker Inc (NYSE: SWK) Won’t Stop Here

By Carrie Williams

Susquehanna analyst Robert Barry reiterated a Buy rating on Stanley Black & Decker Inc (NYSE: SWK) today and set a price target of $198. The company’s shares closed yesterday at $172.53, close to its 52-week high of $174.87.

According to TipRanks.com, Barry is a 4-star analyst with an average return of 12.3% and a 80.6% success rate. Barry covers the Industrial Goods sector, focusing on stocks such as Mueller Water Products, Lennox International, and The Middleby Corp.

Stanley Black & Decker Inc has an analyst consensus of Strong Buy, with a price target consensus of $185.29.

Stanley Black & Decker Inc’s market cap is currently $26.46B and has a P/E ratio of 21.78. The company has a book value ratio of 3.6415.

Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2017, Donald Allan, the EVP & CFO of SWK sold 30,090 shares for a total of $4,907,980.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stanley Black & Decker, Inc. Provides power and hand tools, products and services for various industrial applications, mechanical access solutions and electronic security and monitoring systems. It also manufactures and markets industrial tools and security solutions. It operates through three business segments: Tools & Storage, Security and Industrial.