As Fastenal Company trades currently, 16 analysts have their eyes on the stock whilst 2 of which rate it “Buy”, 2 “Outperform”, 1 “Underperform”, 0 “Sell”, while 11 “Hold”.

Individual stock ratings issued for NASDAQ:FAST are highlighted below.

04/19/2017 – Broker: Credit Suisse Rating: New Target: 48 upgrade

04/19/2017 – Broker: Raymond James Rating: New Target: 50 upgrade

04/18/2017 – Broker: Argus Rating: New Target: 54 upgrade

01/19/2017 – Broker: Stifel Nicolaus Rating: New Target: 50 reiteration

01/18/2017 – Broker: CFRA Research Rating: New Target: 46 downgrade

01/12/2017 – Broker: Avondale Partners Rating: New Target: 54 upgrade

01/05/2017 – Broker: KeyBanc Rating: New Target: 53 upgrade

12/05/2016 – Broker: William Blair Rating: upgrade

10/12/2016 – Broker: Robert W. Baird Rating: New Target: 45 reiteration

10/12/2016 – Broker: BMO Capital Markets Rating: New Target: 45 reiteration

08/26/2016 – Broker: Macquarie Rating: newcoverage

07/07/2016 – Broker: Morgan Stanley Rating: New Target: 46 newcoverage

04/08/2016 – Broker: Barclays Rating: New Target: 38 reiteration

03/22/2016 – Broker: Sterne Agee Rating: New Target: 50 newcoverage

10/19/2015 – Broker: Susquehanna Rating: New Target: 37 reiteration

The average target price given to the stock from the most recent broker reports is 47.38

The stock increased +0.04% (+0.02) during the last days session, reaching 45.47 and roughly 3631758 shares were bought or sold by traders. Fastenal Company (NASDAQ:FAST) has increased by +2.59% over 12 months.

Fastenal Company is engaged in wholesale distribution of industrial and construction supplies. The Company is engaged in fastener distribution, and non-fastener maintenance and supply business. As of December 31, 2016, it distributed these supplies through a network of approximately 2,500 stores. Its customers are in the manufacturing and non-residential construction markets. The manufacturing market includes both original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO). The non-residential construction market includes general, electrical, plumbing, sheet metal and road contractors. Other users of its products include farmers, truckers, railroads, oil exploration, production and refinement companies, mining companies, federal, state, and local governmental entities, schools and certain retail trades. Its original product offerings are fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name.