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Hewlett Packard Enterprise (NYSE:HPE) has been downgraded from Buy to Neutral in a statement by Citigroup earlier today.

Citigroup has downgraded Hewlett Packard Enterprise (NYSE:HPE) from Buy to Neutral in a statement released on 10/13/2017.

On 9/6/2017, RBC Capital Markets released a statement for Hewlett Packard Enterprise (NYSE:HPE) bumped down the target price from $20.00 to $15.00 that suggested an upside of 0.09%.

Boasting a price of $14.80, Hewlett Packard Enterprise (NYSE:HPE) traded 1.25% higher on the day. With the last stock price close up 8.25% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Hewlett Packard Enterprise has recorded a 50-day average of $14.14 and a two hundred day average of $13.84. Volume of trade was down over the average, with 2,804,703 shares of HPE changing hands under the typical 13,646,900

Performance Chart

Hewlett Packard Enterprise (NYSE:HPE)

With a total market value of $0, Hewlett Packard Enterprise has price-earnings ratio of 208.13 with a one year low of $12.26 and a one year high of $15.12 .

A total of 23 brokerages have issued a ratings update on Hewlett Packard Enterprise. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.11.

General Company Details For Hewlett Packard Enterprise (NYSE:HPE)

Hewlett Packard Enterprise Company is a provider of technology solutions. The Company's segments include: Enterprise Group, Software, 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 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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