HD Supply Holdings Given New $25.00 Price Target at Deutsche Bank (HDS)
Research analysts at Deutsche Bank dropped their price target on shares of HD Supply Holdings (NYSE:HDS) from $25.50 to $25.00 in a report released on Tuesday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price would indicate a potential upside of 18.54% from the company’s current price.
A number of other analysts have also recently weighed in on HDS. Analysts at Robert W. Baird cut their price target on shares of HD Supply Holdings from $28.00 to $27.00 in a research note to investors on Wednesday, September 11th. They now have an “outperform” rating on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of HD Supply Holdings from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. They now have a $23.00 price target on the stock, down previously from $27.00. Finally, analysts at Barclays Capital reiterated a “buy” rating on shares of HD Supply Holdings in a research note to investors on Tuesday, September 10th. They now have a $27.00 price target on the stock. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. HD Supply Holdings has an average rating of “Buy” and an average price target of $26.40.
Shares of HD Supply Holdings (NYSE:HDS) traded down 3.57% on Tuesday, hitting $21.09. The stock had a trading volume of 1,306,352 shares. HD Supply Holdings has a 1-year low of $17.80 and a 1-year high of $25.06. The stock’s 50-day moving average is $22.8 and its 200-day moving average is $21.9. The company’s market cap is $4.051 billion.
HD Supply Holdings (NYSE:HDS) last issued its quarterly earnings data on Monday, September 9th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.31 by $0.08. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.32 billion. The company’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts predict that HD Supply Holdings will post $0.59 earnings per share for the current fiscal year.
HD Supply Holdings, Inc is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and White Cap.
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