Analyst Rating Update on HD Supply Holdings (HDS)

HD Supply Holdings (HDS) : 14 analysts are covering HD Supply Holdings (HDS) and their average rating on the stock is 1.43, which is read as a Strong Buy. 11 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

HD Supply Holdings (HDS) : 12 investment research analysts covering HD Supply Holdings (HDS) have an average price target of $39.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $43 and the lowest target is $37 for the short term. Analysts expect the variance to be within $1.88 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


HD Supply Holdings (NASDAQ:HDS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.85 and $34.63 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.33, notching a gain of 1.17% for the day. The total traded volume was 901,247 . The stock had closed at $34.92 on the previous day.

HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.

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