RBC Capital Markets announced Hewlett-Packard (NYSE:HPQ), bumping up its stock price target to $14.00 today
- Updated: September 17, 2016
Having a price of $14.42, Hewlett-Packard (NYSE:HPQ) traded 0.21% higher on the day. With the last close up 12.48% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Hewlett-Packard has been tracking to a 50-day average of $14.33 and two hundred day moving average of $12.92. 18,459,467 shares of the stock traded, up from ann avg. trading volume of 12,588,300
Hewlett-Packard (NYSE:HPQ) had its price target bumped up to $14 by RBC Capital Markets in an issued report announced 8/22/2016. The updated target price implies a potential downside of -0.03% based on the company’s most recent stock close price.
On Monday March 14 2016, RBC Capital Markets released a statement on Hewlett-Packard(NYSE:HPQ) bumped the target price from $11.00 to $12.00 that suggested an upside of 0.03%.
Recent Performance Graph:
A total of 20 equity analysts have issued a ratings update on the company. Seven analysts rate the company a strong buy, five firms rate the stock a buy, 15 firms rate the company a hold, one analyst rate the stock to underperform, and finally 0 analystsrate the stock as sell with a consensus target stock price of $13.50
Hewlett-Packard has a one-year low of $8.91 and a 52 week high of $14.82 with a P/E ratio of 8 and has a market capitalization of $0.0.
Brief Synopsis On Hewlett-Packard (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, and health and education sectors.
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