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Fastenal Company (FAST) [hlAlert]

Rating:
Underweight
FAST
up 24.24 %

Fastenal Company (FAST) rated Underweight with price target $43 by Barclays

Posted on: Thursday,  Jan 16, 2014  12:25 PM ET by Barclays

Barclays rated Underweight Fastenal Company (NASDAQ: FAST) on 01/16/2014. Previously Barclays rated Underweight Fastenal Company (NASDAQ: FAST) on 04/16/2012., when
the stock price was $48.43. Since then, Fastenal Company has lost 19.51% as of 10/14/2015's recent price of $38.98.
If you would have followed the previous Barclays's recommendation on FAST, you would have gained 24.24% of your investment in 1276 days.

Fastenal Company sells industrial and construction supplies grouped into eleven product lines. The traditional Fastenal? product line consists of threaded fasteners and other miscellaneous supplies. The Company also sells, in its other ten product lines, tools, metal cutting tool blades and blade resharpening services, fluid transfer components and accessories for hydraulic and pneumatic power, material handling and storage products, janitorial and paper products, electrical supplies, welding supplies, safety supplies, and raw materials.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2014 12:25 PM Sell
None
46.69 43.00
as of 10/17/2014
1 Week up  3.40 %
1 Month up  10.24 %
3 Months up  8.74 %
1 YTD up  13.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/11/2013 1:25 PM Sell
None
49.22 41.00
1/18/2013 1:25 PM Sell
None
47.67 44.00
4/16/2012 1:25 PM Sell
None
48.43 39.00

(*) Stock Price at the time of the recommendation.
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