Benchmark Reiterates a 'Buy' on Smith & Wesson Holding (SWHC); I'm Feeling Lucky, Punk
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Price: $9.03 +0.67%
Rating Summary:
2 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 21 | New: 29
Rating Summary:
2 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 21 | New: 29
Trade SWHC Now!
Benchmark reiterates a 'Buy' on Smith & Wesson Holding (NASDAQ: SWHC) price target raised to $13.00.
Analyst, Mike Greene, said, "We continue to believe that, while there is currently some “political buying” leading up to the election, commercial firearms are seeing long-term, secular growth from an increasing social acceptance of firearms for both personal defense and recreation/leisure—particularly with women and younger demographics. We believe SWHC will outpace this already strong growth by gaining share, particularly its polymer pistol market share with its M&P line."
FY13 raised to $0.85 and $536M, respectively. FY14 established at $553M and $0.96.
For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.
Shares of Smith & Wesson Holding closed at $9.00 yesterday, with a 52 week range of $2.29-$10.25.
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Analyst, Mike Greene, said, "We continue to believe that, while there is currently some “political buying” leading up to the election, commercial firearms are seeing long-term, secular growth from an increasing social acceptance of firearms for both personal defense and recreation/leisure—particularly with women and younger demographics. We believe SWHC will outpace this already strong growth by gaining share, particularly its polymer pistol market share with its M&P line."
FY13 raised to $0.85 and $536M, respectively. FY14 established at $553M and $0.96.
For an analyst ratings summary and ratings history on Smith & Wesson Holding click here. For more ratings news on Smith & Wesson Holding click here.
Shares of Smith & Wesson Holding closed at $9.00 yesterday, with a 52 week range of $2.29-$10.25.
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