NYSE:SNA', 'Snap-on Incorporated', 'http://kldaily.com/kl-logo.png');

How Many Snap-on Incorporated (NYSE:SNA)’s Analysts Are Bearish?

December 8, 2017 - By Stephen Andrade

 How Many Snap on Incorporated (NYSE:SNA)'s Analysts Are Bearish?
Investors sentiment decreased to 1.16 in 2017 Q2. Its down 0.12, from 1.28 in 2017Q1. It dived, as 51 investors sold Snap-on Incorporated shares while 170 reduced holdings. 70 funds opened positions while 187 raised stakes. 52.24 million shares or 5.14% more from 49.69 million shares in 2017Q1 were reported.
34,886 are owned by Citadel Advsrs Lc. Assetmark Inc owns 107 shares or 0% of their US portfolio. Minnesota-based Stonebridge Capital Advisors Ltd Liability has invested 1.03% in Snap-on Incorporated (NYSE:SNA). Barclays Pcl holds 38,772 shares. Apg Asset Nv holds 48,348 shares. Prudential Pcl holds 0.03% or 52,654 shares in its portfolio. Thompson Davis & Com has invested 0.11% in Snap-on Incorporated (NYSE:SNA). 1.03M are held by Wellington Management Group Llp. Tudor Investment Et Al invested in 14,008 shares or 0.07% of the stock. Strs Ohio has invested 0.29% in Snap-on Incorporated (NYSE:SNA). Cleararc Cap reported 1,429 shares or 0.04% of all its holdings. 8,866 were accumulated by Capstone Asset. Art Limited Liability Co has invested 0.2% of its portfolio in Snap-on Incorporated (NYSE:SNA). Victory Cap Management stated it has 308,858 shares. First Personal Fincl Svcs holds 0.01% in Snap-on Incorporated (NYSE:SNA) or 285 shares.

Snap-on Incorporated (NYSE:SNA) Ratings Coverage

Among 9 analysts covering Snap-on (NYSE:SNA), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Snap-on has $205 highest and $165 lowest target. $193.43’s average target is 13.16% above currents $170.93 stock price. Snap-on had 25 analyst reports since August 20, 2015 according to SRatingsIntel. The stock has “Buy” rating by Oppenheimer on Tuesday, May 30. The rating was maintained by FBR Capital on Friday, July 21 with “Buy”. The firm has “Buy” rating given on Monday, October 23 by Barrington. Robert W. Baird maintained Snap-on Incorporated (NYSE:SNA) on Tuesday, August 1 with “Buy” rating. Jefferies maintained Snap-on Incorporated (NYSE:SNA) rating on Tuesday, May 30. Jefferies has “Hold” rating and $17500 target. The firm earned “Buy” rating on Monday, October 5 by Longbow. The stock of Snap-on Incorporated (NYSE:SNA) earned “Outperform” rating by Oppenheimer on Wednesday, April 12. Oppenheimer maintained Snap-on Incorporated (NYSE:SNA) rating on Sunday, June 11. Oppenheimer has “Buy” rating and $20000 target. The rating was maintained by Oppenheimer on Thursday, July 20 with “Buy”. The rating was initiated by Jefferies on Tuesday, October 20 with “Hold”. Below is a list of Snap-on Incorporated (NYSE:SNA) latest ratings and price target changes.

10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $184.0 Maintain
03/11/2017 Broker: Jefferies Rating: Hold New Target: $175.0 Maintain
23/10/2017 Broker: Barrington Rating: Buy New Target: $185.0 Upgrade
05/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $184.0 Maintain
22/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $197.0 Maintain
21/08/2017 Broker: Longbow Old Rating: Buy New Rating: Neutral Downgrade
15/08/2017 Broker: Jefferies Rating: Hold New Target: $175.0 Maintain
01/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $197.0000 Maintain
21/07/2017 Broker: FBR Capital Rating: Buy New Target: $205.0000 Maintain
20/07/2017 Broker: Oppenheimer Rating: Buy Maintain

The stock increased 1.37% or $2.31 during the last trading session, reaching $170.93. About 323,858 shares traded. Snap-on Incorporated (NYSE:SNA) has risen 2.47% since December 8, 2016 and is uptrending. It has underperformed by 14.23% the S&P500.

Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company has market cap of $9.74 billion. The firm operates in Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services divisions. It has a 17.57 P/E ratio. It offers hand tools, such as wrenches, sockets, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products, including tool chests, roll cabinets, and other products.

Another recent and important Snap-on Incorporated (NYSE:SNA) news was published by Nasdaq.com which published an article titled: “Snap-On Incorporated (SNA) Ex-Dividend Date Scheduled for November 16, 2017” on November 15, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.