HD Supply Holdings (HDS) : 12 brokerage houses believe that HD Supply Holdings (HDS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HD Supply Holdings (HDS). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 16 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.44.
HD Supply Holdings (HDS) : 13 Wall Street analysts covering HD Supply Holdings (HDS) believe that the average level the stock could reach for the short term is $39.54. The maximum price target given is $43 and the minimum target for short term is around $37, hence the standard deviation is calculated at $1.81.
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 $33.44 and $33.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.90, notching a gain of 0.12% for the day. The total traded volume was 1,979,106 . The stock had closed at $33.86 on the previous day.
Also, Longbow Research initiates coverage on HD Supply Holdings (NASDAQ:HDS) In a research note issued to the investors, the brokerage major announces price-target of $43 per share.The shares have been rated Buy. The rating by the firm was issued on June 2, 2016. The company shares have dropped -0.94% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $36.81 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $34.48 and the 200 Day Moving Average price is recorded at $30.87.
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.