Breaking Finance News

RBC Capital Markets announced Lowe's Companies Inc. (NYSE:LOW), boosting its stock price target to $89.00 today

Just yesterday Lowe's Companies Inc. (NYSE:LOW) traded 0.69% higher at $79.79. Lowe's Companies Inc.’s 50-day moving average is $76.59 and its 200-day moving average is $79.42. The last stock price is up 2.43% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 3,855,845 shares of LOW traded hands, down from an average trading volume of 6,635,560

In a report released on Wednesday November 22, 2017 RBC Capital Markets increased the stock price target of Lowe's Companies Inc. (NYSE:LOW) from $84.00 to $89.00 reporting a possible upside of 0.12%.

Previously on 11/07/2017, KeyBanc Capital Markets released a statement about Lowe's Companies Inc. (NYSE:LOW) increased the target price from $0.00 to $98.00. At the time, this indicated a possible upside of 0.26%.

Recent Performance Chart

Lowe's Companies Inc. (NYSE:LOW)

Lowe's Companies Inc. has 52 week low of $64.87 and a 52 week high of $86.25 with a PE ratio of 23.10 and has a market capitalization of $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 23 brokerages have issued a ratings update on the company. The average stock price target is $86.43 with 9 brokerages rating the stock a strong buy, 13 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Lowe's Companies Inc. (NYSE:LOW)

Lowe's Companies, Inc. (Lowe's) is a home improvement company. The Company operates approximately 2,370 home improvement and hardware stores. The Company offers a range of products for maintenance, repair, remodeling and decorating. The Company offers home improvement products in categories, including Lumber and Building Materials; Tools and Hardware; Appliances; Fashion Fixtures; Rough Plumbing and Electrical; Lawn and Garden; Seasonal and Outdoor Living; Paint; Flooring; Millwork, and Kitchens. The Company also supports the communities that focus on K-12 public education and community improvement projects. The Company serves its customers in the United States, Canada and Mexico.

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