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RBC Capital disclosed HP (NYSE:HPQ), hiking its price target to $16.00 earlier today

Reporting a potential upside of 0.03%, RBC Capital upped the price target of HP (NYSE:HPQ) to $16.00

On 09/19/2016, Vetr Inc. released a statement on HP (NYSE:HPQ) upped the target price from $0.00 to $16.12 that suggested an upside of 0.11%.

Having a price of $15.58, HP (NYSE:HPQ) traded -0.13% lower on the day. With the last close up 16.48% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. HPQ has recorded a 50-day average of $14.79 and a two hundred day average of $13.38. Trade Volume was down over the average, with 5,458,221 shares of HPQ changing hands under the typical 11,584,500

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HP has PE ratio of 8.30 with a one year low of $8.91 and a one year high of $15.74 and has a market capitalization of $0.

A total of 20 firms have issued a report on the company. Seven equity analysts rating the company a strong buy, five brokerages rating the company a buy, fifteen analysts rating the stock a hold, 1 broker rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $13.50.


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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