A statement released earlier today by Zacks Investment Research about Home Depot Inc (NYSE:HD) bumps the target price to $144.00
- Updated: October 4, 2016
Boasting a price of $128.90, Home Depot Inc (NYSE:HD) traded 0.47% higher on the day. With the last stock price close down -2.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Home Depot Inc has recorded a 50-day average of $131.20 and a two hundred day average of $132.64. Volume of trade was down over the average, with 2,020,125 shares of HD changing hands under the typical 4,304,270
Zacks Investment Research bumped up the target of Home Depot Inc (NYSE:HD) to $144.00 stating a potential upside of 0.12%.
On 9/8/2016, Vetr Inc. released a statement for Home Depot Inc (NYSE:HD) bumped up the target price from $0.00 to $140.30 that suggested an upside of 0.07%.
With a total market value of $0, Home Depot Inc has price-earnings ratio of 21.85 with a one year low of $109.62 and a one year high of $139.00 .
A total of 25 equity analysts have released a research note on HD. Nine equity analysts rating the company a strong buy, twelve equity analysts rating the company a buy, eight 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 $147.89.
More About Home Depot Inc (NYSE:HD)
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. Its DIY customers are home owners who purchase products and complete their own projects and installations. The Company assists these customers with specific product and installation questions both in its stores and through online resources and other media designed to provide product and project knowledge. Its DIFM customers are home owners who purchase materials themselves and hire third parties to complete the project or installation. Professional Customers are primarily professional renovators/remodelers, general contractors, repairmen, installers, small business owners and tradesmen.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.