UBS disclosed HP (NYSE:HPQ), bumping up its stock price target to $15.00 today
- Updated: October 14, 2016
Boasting a price of $15.15, HP (NYSE:HPQ) traded -1.30% lower on the day. With the last stock price close up 12.56% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. HP has recorded a 50-day average of $14.90 and a two hundred day average of $13.46. Volume of trade was up over the average, with 14,424,730 shares of HPQ changing hands over the typical 11,547,600
UBS bumped up the target of HP (NYSE:HPQ) to $15.00 stating a potential downside of -0.01%.
On Monday October 10, 2016, RBC Capital released a statement for HP (NYSE:HPQ) bumped up the target price from $14.00 to $16.00 that suggested an upside of 0.03%.
With a total market value of $0, HP has 52 week low of $8.91 and a 52 week high of $15.88 with a PE ratio of 8.07 .
Also covering HP's target, a total of 20 firms have reported on HP. The 12-month price target is $13.50 with seven brokers rating the stock a strong buy, 5 brokerages rating the stock a buy, 15 firms rating the stock a hold, one analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
General Company Details For HP (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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