Hewlett-Packard Company (HPQ) has risen sharply, recording gains of 2.71% in the past 4 weeks. However, the stock has corrected -0.21% in the past 1 week, providing a good buying opportunity on dips. Hewlett-Packard Company (HPQ) : Traders are bullish on Hewlett-Packard Company (HPQ) as it has outperformed the S&P 500 by a wide margin of 2.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.45%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.51% and the fifty day Moving Average is 5.31%. HP Inc. is up 10.28% in the last three month period. Year-to-Date the stock performance stands at 24.04%.
Hewlett-Packard Company (HPQ) : Average target price received by Hewlett-Packard Company (HPQ) is $15.06 with an expected standard deviation of $1.3. The most aggressive target on the stock is $18, whereas the most downbeat target is $14. 12 financial analysts are currently covering the stock.
Hewlett-Packard Company (NYSE:HPQ): stock turned positive on Friday. Though the stock opened at $14.37, the bulls momentum made the stock top out at $14.69 level for the day. The stock recorded a low of $14.37 and closed the trading day at $14.39, in the green by 0.14%. The total traded volume for the day was 15,567,756. The stock had closed at $14.37 in the previous days trading.
HP INC, formerly Hewlett-Packard Company (HP), is a global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.