HP Inc (NYSE:HPQ) target price raised to $16.84, reported today by Vetr Inc.
- Updated: October 16, 2016
HP Inc (NYSE:HPQ) had its target price raised to $16.84 by Vetr Inc. in a report released 10/17/2016. The new target price indicates a possible upside of 0.16% based on the company's last stock close price.
Previously on 10/14/2016, UBS Securities reported about HP Inc (NYSE:HPQ) raised the target price from $14.00 to $15.00. At the time, this indicated a possible upside of 0.03%.
Yesterday HP Inc (NYSE:HPQ) traded -4.42% lower at $14.48. The company’s 50-day moving average is $14.90 and its 200-day moving average is $13.48. The last stock close price is up 7.45% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 23,107,530 shares of the stock were exchanged, up from an average trading volume of 11,755,100
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HP Inc has a 52 week low of $8.91 and a 52 week high of $15.88 with a P/E ratio of 7.71 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 20 firms have reported on the stock. The consensus target price is $13.50 with 7 firms rating the stock a strong buy, 5 firms rating the stock a buy, 15 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About HP Inc (NYSE:HPQ)
HP Inc. is a provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The Company operates through three segments: Personal Systems, Printing and Corporate Investments. The Company's Personal Systems segment provides commercial personal computers (PCs), consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale (POS) systems, calculators and other related accessories, software, support and services for the commercial and consumer markets. The Company's Printing segment provides consumer and commercial printer hardware, supplies, media, software and services, as well as scanning devices. The Company's Corporate Investments segment includes HP Labs. It also includes certain business incubation projects, among others. The Company sells to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.
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