Home Depot Given Average Rating of “Buy” by Analysts (NYSE:HD)
Shares of Home Depot (NYSE:HD) have been given an average rating of “Buy” by the twenty-seven ratings firms that are currently covering the company, Stock Ratings Network reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and fourteen have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $85.40.
A number of research firms have recently commented on HD. Analysts at TheStreet reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, February 6th. Finally, analysts at Ned Davis Research downgraded shares of Home Depot from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 21st.
Home Depot (NYSE:HD) traded up 0.51% on Friday, hitting $77.872. The stock had a trading volume of 2,425,046 shares. Home Depot has a one year low of $63.82 and a one year high of $82.57. The stock has a 50-day moving average of $78.84 and a 200-day moving average of $77.5. The company has a market cap of $109.7 billion and a price-to-earnings ratio of 20.99. Home Depot also was the recipient of unusually large options trading on Wednesday. Stock traders acquired 23,714 put options on the company. This is an increase of approximately 255% compared to the typical volume of 6,672 put options.
The Home Depot, Inc (NYSE:HD) is a home improvement retailer.
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