Staples (SPLS) : The consensus on Staples (SPLS) based on 8 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Staples (SPLS) : 6 investment research analysts covering Staples (SPLS) have an average price target of $9.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $11 and the lowest target is $8 for the short term. Analysts expect the variance to be within $1.08 of the average price.
Staples, Inc. has lost 6.97% in the last five trading days and dropped 4.72% in the last 4 weeks. Staples, Inc. is up 3.76% in the last 3-month period. Year-to-Date the stock performance stands at -5.92%. Staples (NASDAQ:SPLS): stock turned positive on Tuesday. Though the stock opened at $8.54, the bulls momentum made the stock top out at $8.71 level for the day. The stock recorded a low of $8.5 and closed the trading day at $8.68, in the green by 2.60%. The total traded volume for the day was 5,651,072. The stock had closed at $8.46 in the previous days trading.
Staples, Inc. is a provider of products and services that serve the needs of business customers and consumers. The Company offers a selection of products, such as Websites and mobile platforms, retail and online shopping and a range of copy and print and technology services. It operates in three business segments: North American Stores & Online, North American Commercial and International Operations. The North American Stores & Online segment includes its retail stores and Staples.com businesses in the United States and Canada. The North American Commercial segment consists of the United States and Canadian businesses that sell and deliver products and services directly to businesses, including Staples Advantage and Quill.com. The International Operations segment consists of businesses in around 23 countries in Europe, Australia, South America and Asia. It serves businesses in North America, Europe, Australia, South America and Asia. Its delivery business offers online order placing.