Stock Rating Upgrade
In recent days the Value Trend Rating for Stanley Black & Decker Inc (NYSE: SWK) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Stanley Black & Decker Inc (NYSE: SWK) stock rose modestly by 0.4% on 3/8/24. The stock closed at $91.48. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SWK is expected to continue to be an important Value Builder.
Stanley Black & Decker has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Stanley Black & Decker has a neutral Appreciation Score of 51 and a neutral Power Rating of 44, resulting in the Low Neutral Value Trend Rating.
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