Home Depot (The) (HD) : Zacks Investment Research ranks Home Depot (The) (HD) as 3, which is a Hold recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 1.78, which indicates as a Buy.
Home Depot (The) (HD) : The highest short term price target forecast on Home Depot (The) (HD) is $158 and the lowest target price is $106. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $147 with a standard deviation of $13.11.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Deutsche Bank maintains its ratings on Home Depot (The) (NYSE:HD). In the latest research report, Deutsche Bank raises the target price from $143 per share to $145 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 17, 2016.
Home Depot (The) (NYSE:HD): stock was range-bound between the intraday low of $132.16 and the intraday high of $133.87 after having opened at $133.3 on Wednesdays session. The stock finally closed in the red at $133.3, a loss of -0.98%. The stock remained in the red for the whole trading day. The total traded volume was 4,676,049 shares. The stock failed to cross $133.87 in Wednesdays trading. The stocks closing price on Thursday was $134.1.
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.