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Analysts at Northland Securities set a $20.00 price target on shares of Smith & Wesson Holding Corp (NASDAQ:SWHC) stock in a research report issued to clients and investors on Friday. Northland Securities’ price objective suggests a potential upside of 17.65% from the company’s current price. The analysts noted that the move was a valuation call.

Smith & Wesson Holding Corp (NASDAQ:SWHC) opened at 17.00 on Friday. Smith & Wesson Holding Corp has a one year low of $9.46 and a one year high of $17.28. The stock has a 50-day moving average of $15.97 and a 200-day moving average of $14.10. The company has a market cap of $934.1 million and a P/E ratio of 11.86.

Smith & Wesson Holding Corp (NASDAQ:SWHC) last announced its earnings results on Thursday, June 19th. The company reported $0.44 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.05. The company had revenue of $170.40 million for the quarter, compared to the consensus estimate of $163.56 million. During the same quarter last year, the company posted $0.44 earnings per share. Smith & Wesson Holding Corp’s revenue was down 4.6% compared to the same quarter last year. On average, analysts predict that Smith & Wesson Holding Corp will post $1.42 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. 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 equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Smith & Wesson Holding Corp currently has an average rating of “Buy” and a consensus target price of $16.73.

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

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