Hewlett Packard Enterprise (NYSE:HPE) has been downgraded from Buy to Hold in a statement by Argus earlier today.
- Updated: March 19, 2017
Boasting a price of $22.31, Hewlett Packard Enterprise (NYSE:HPE) traded 0.93% higher on the day. With the last stock price close down -0.29% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Hewlett Packard Enterprise has recorded a 50-day average of $23.25 and a two hundred day average of $22.92. Volume of trade was up over the average, with 12,379,737 shares of HPE changing hands over the typical 10,000,700
Argus has downgraded Hewlett Packard Enterprise (NYSE:HPE) from Buy to Hold in a statement released on 02/28/2017.
With a total market value of $0, Hewlett Packard Enterprise has price-earnings ratio of 12.39 with a one year low of $15.38 and a one year high of $24.88 .
A total of 23 equity analysts have released a ratings update on HPE. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero 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 $20.11.
Brief Synopsis About Hewlett Packard Enterprise (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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