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Research analysts at Deutsche Bank raised their price objective on shares of HD Supply Holdings (NYSE:HDS) to $32.00 in a report released on Tuesday. Deutsche Bank’s price objective suggests a potential upside of 15.94% from the company’s current price.

Shares of HD Supply Holdings (NYSE:HDS) traded up 3.55% during mid-day trading on Tuesday, hitting $28.58. The stock had a trading volume of 2,790,238 shares. HD Supply Holdings has a 52-week low of $17.80 and a 52-week high of $28.87. The stock has a 50-day moving average of $26.23 and a 200-day moving average of $24.05. The company’s market cap is $5.498 billion.

HD Supply Holdings (NYSE:HDS) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.02. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.15 billion. HD Supply Holdings’s revenue was up 5.5% compared to the same quarter last year. Analysts expect that HD Supply Holdings will post $1.31 EPS for the current fiscal year.

HDS has been the subject of a number of other recent research reports. Analysts at Morgan Stanley initiated coverage on shares of HD Supply Holdings in a research note on Tuesday, May 13th. They set an “equal weight” rating and a $28.00 price target on the stock. Separately, analysts at Ned Davis Research upgraded shares of HD Supply Holdings from a “sell” rating to a “neutral” rating in a research note on Monday, May 12th. Finally, analysts at Susquehanna initiated coverage on shares of HD Supply Holdings in a research note on Thursday, May 1st. They set a “neutral” rating and a $29.00 price target on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $27.82.

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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