A report released today by Vetr Inc. about Hewlett Packard Enterprise Co (NYSE:HPE) raises the target price to $25.21
- Updated: September 24, 2016
In a report issued 9/21/2016 Vetr Inc. bumped up the target of Hewlett Packard Enterprise Co (NYSE:HPE) to $25.21 stating a potential upside of 0.09%.
Previously on Thursday September 08, 2016, Barclays Capital reported about Hewlett Packard Enterprise Co (NYSE:HPE) increased the target price from $16.00 to $17.00 that suggested a downside of -0.23%.
Having a price of $23.12, Hewlett Packard Enterprise Co (NYSE:HPE) traded -1.12% lower on the day. With the last stock price close up 21.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $21.93 and a 200-day moving average of $18.96. 7,247,104 shares of Hewlett Packard Enterprise Co traded, down from an average trading volume of 10,412,100
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Hewlett Packard Enterprise Co has a 52 week low of $11.62 and a 52 week high of $23.53 with a P/E ratio of 9.59 Hewlett Packard Enterprise Co’s market capitalization is presently $0.
A total of 23 equity analysts have released a ratings update on the stock. zero analysts rating the stock a strong buy, 0 brokerages rating the company a buy, 0 firms rating the stock a hold, 0 equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $20.11.
Brief Synopsis On Hewlett Packard Enterprise Co (NYSE:HPE)
Hewlett Packard Enterprise Company is a provider of technology solutions. The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Enterprise Group segment provides its customers with the technology infrastructure they need to optimize traditional information technology (IT). The Software segment allows its customers to automate IT operations to simplify, accelerate and secure business processes and drives the analytics that turn raw data into actionable knowledge. The Enterprise Services segment brings all of its solutions together through its consulting and support professionals. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects, among others.
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