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A statement released earlier today by RBC Capital about Lowe's (NYSE:LOW) bumps the target price to $89.00

Boasting a price of $79.95, Lowe's (NYSE:LOW) traded 0.69% higher on the day. With the last stock price close up 2.43% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Lowe's has recorded a 50-day average of $76.59 and a two hundred day average of $79.42. Volume of trade was down over the average, with 3,855,845 shares of LOW changing hands under the typical 6,635,560

Stating a potential upside of 0.11%, RBC Capital raised the target price of Lowe's (NYSE:LOW) to $89.00

On 11/22/2017, RBC Capital Markets released a statement for Lowe's (NYSE:LOW) bumped up the target price from $84.00 to $89.00 that suggested an upside of 0.12%.

Performance Chart

Lowe's (NYSE:LOW)

With a total market value of $0, Lowe's has price-earnings ratio of 23.10 with a one year low of $64.87 and a one year high of $86.25 .

A total of 23 equity analysts have released a research note on LOW. Nine equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $86.43.

More About Lowe's (NYSE:LOW)

Lowe's Companies, Inc. (Lowe's) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens. The Company also supports the communities that focus on K-12 public education and community improvement projects. The Company serves its customers in the United States, Canada and Mexico.

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