JPMorgan Chase & Co. Reiterates “Hold” Rating for HD Supply Holdings (HDS)
HD Supply Holdings (NYSE:HDS)‘s stock had its “hold” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, AnalystRatings.NET reports. They currently have a $23.00 target price on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 9.06% from the stock’s previous close.
A number of other firms have also recently commented on HDS. Analysts at Deutsche Bank cut their price target on shares of HD Supply Holdings from $25.50 to $25.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, 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. 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 equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. HD Supply Holdings has an average rating of “Buy” and an average target price of $26.40.
HD Supply Holdings (NYSE:HDS) traded down 3.57% during mid-day trading on Tuesday, hitting $21.09. 1,306,352 shares of the company’s stock traded hands. HD Supply Holdings has a one year low of $17.80 and a one 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 released its 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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