Zacks Investment Research downgraded Home Depot Inc (NYSE:HD) to Hold in a statement released earlier today.
- Updated: September 17, 2016
Boasting a price of $135.34, Home Depot Inc (NYSE:HD) traded 0.67% lower on the day. The last close is up 4.91% from the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. The company has recorded a 50-day average of $135.03 and two hundred day average of $132.63. 6,941,162 shares of Home Depot Inc exchanged hands, up from ann avg. trading volume of 4,442,170
Zacks Investment Research has downgraded Home Depot Inc(NYSE:HD) to Hold in a report released Thursday August 18 2016.
Previously on 8/17/2016, Argus released a statement for Home Depot Inc(NYSE:HD) upped the target price from $150.00 to $154.00 that suggested an upside of 0.14%.
Recent Performance Graphic:
In addition to Zacks Investment Research reporting it’s target price, a total of 25 brokers have reported on HD. The 12-month target is $147.89 with nine analysts rating the stock a strong buy, 12 analysts rating the company a buy, eight firms rating the stock a hold, 0 rating the company to underperform, and finally 0 firms rating the stock as sell.
Home Depot Inc has a P/E of 21 with a one-year low of $109.62 and a 52 week high of $139.00 and has a market cap of $0.0.
About Home Depot Inc (NYSE:HD)
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. Its DIY customers are home owners who purchase products and complete their own projects and installations. The Company assists these customers with specific product and installation questions both in its stores and through online resources and other media designed to provide product and project knowledge. Its DIFM customers are home owners who purchase materials themselves and hire third parties to complete the project or installation. Professional Customers are primarily professional renovators/remodelers, general contractors, repairmen, installers, and small business owners and tradesmen.
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