Following U.S. election volatility some analysts have updated their recommended target prices on shares of Fastenal Company (NASDAQ:FAST). According to the most recently released broker notes, 5 analysts have a rating of “strong buy” on the stock, 3 analysts “buy”, 9 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Latest Recommended Buy/Sell Side Ratings:

07/13/2017 – Fastenal Company was upgraded to “” by analysts at Raymond James. They now have a USD 50 price target on the stock.

07/13/2017 – Fastenal Company had its “” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 46 price target on the stock.

07/12/2017 – Fastenal Company was upgraded to “” by analysts at Robert W. Baird. They now have a USD 53 price target on the stock.

07/11/2017 – Fastenal Company had its “” rating reiterated by analysts at Wells Fargo. They now have a USD 47 price target on the stock.

06/26/2017 – Fastenal Company had its “” rating reiterated by analysts at Morgan Stanley. They now have a USD 43 price target on the stock.

06/02/2017 – Stephens began new coverage on Fastenal Company giving the company a “” rating. They now have a USD 54 price target on the stock.

06/02/2017 – Fastenal Company was upgraded to “” by analysts at Longbow Research. They now have a USD 55 price target on the stock.

06/02/2017 – JP Morgan began new coverage on Fastenal Company giving the company a “” rating. They now have a USD 46 price target on the stock.

04/19/2017 – Fastenal Company was upgraded to “” by analysts at Credit Suisse. They now have a USD 48 price target on the stock.

04/18/2017 – Fastenal Company was upgraded to “” by analysts at Argus. They now have a USD 54 price target on the stock.

01/18/2017 – Fastenal Company was downgraded to “” by analysts at CFRA Research. They now have a USD 46 price target on the stock.

01/12/2017 – Fastenal Company was upgraded to “” by analysts at Avondale Partners. They now have a USD 54 price target on the stock.

01/05/2017 – Fastenal Company was upgraded to “” by analysts at KeyBanc. They now have a USD 53 price target on the stock.

12/05/2016 – Fastenal Company was upgraded to “” by analysts at William Blair.

10/12/2016 – Fastenal Company had its “” rating reiterated by analysts at BMO Capital Markets. They now have a USD 45 price target on the stock.

The share price of Fastenal Company (NASDAQ:FAST) was down -0.67% during the last trading session, with a day high of 43.97. 3534416 shares were traded on Fastenal Company’s last session.

The stock’s 50 day moving average is 43.41 and its 200 day moving average is 47.58. The stock’s market capitalization is 12.35B. Fastenal Company has a 52-week low of 37.70 and a 52-week high of 52.74.

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.