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Equities researchers at Northland Securities increased their target price on shares of Smith & Wesson Holding Corp (NASDAQ:SWHC) from $18.00 to $21.00 in a research report issued on Tuesday. The firm currently has an “outperform” rating on the stock. Northland Securities’ target price points to a potential upside of 24.93% from the company’s current price.

Shares of Smith & Wesson Holding Corp (NASDAQ:SWHC) opened at 16.81 on Tuesday. Smith & Wesson Holding Corp has a 1-year low of $9.08 and a 1-year high of $16.97. The stock has a 50-day moving average of $15.45 and a 200-day moving average of $13.85. The company has a market cap of $923.7 million and a price-to-earnings ratio of 11.75.

A number of other firms have also recently commented on SWHC. Analysts at Benchmark Co. raised their price target on shares of Smith & Wesson Holding Corp from $16.00 to $20.00 in a research note on Monday, June 2nd. They now have a “buy” rating on the stock. Separately, analysts at Wedbush upgraded shares of Smith & Wesson Holding Corp from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 20th. They now have a $7.00 price target on the stock, down previously from $20.00. Finally, analysts at CRT Capital raised their price target on shares of Smith & Wesson Holding Corp from $16.00 to $18.00 in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $16.83.

Smith & Wesson Holding Corporation (NASDAQ:SWHC) is a manufacturer of firearms.

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