News Home

Analyst Rating: Will Stanley Black & Decker Inc (SWK) Stock Beat the Market?

Friday, December 08, 2023 03:02 PM | InvestorsObserver Analysts

Mentioned in this article

Analyst Rating: Will Stanley Black & Decker Inc (SWK) Stock Beat the Market?

InvestorsObserver is giving Stanley Black & Decker Inc (SWK) an Analyst Rating Rank of 23, meaning SWK is ranked higher by analysts than 23% of stocks. The average price target for SWK is $98.222 and analyst’s rate the stock as a Buy.

Overall Score - 3.6
Wall Street analysts are rating SWK a Buy today. Find out what this means to you and get the rest of the rankings on SWK!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Stanley Black & Decker Inc Stock Today?

Stanley Black & Decker Inc (SWK) stock is down -0.32% while the S&P 500 has risen 0.42% as of 2:50 PM on Friday, Dec 8. SWK is lower by -$0.30 from the previous closing price of $93.15 on volume of 572,824 shares. Over the past year the S&P 500 has gained 16.18% while SWK has risen 18.63%. SWK lost -$0.39 per share the over the last 12 months. Click Here to get the full Stock Report for Stanley Black & Decker Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App