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Stock analysts at Jefferies Group boosted their price objective on shares of The Home Depot (NYSE:HD) to $95.00 in a report issued on Tuesday. Jefferies Group’s price objective suggests a potential upside of 14.62% from the stock’s previous close.

The Home Depot (NYSE:HD) traded up 0.08% on Tuesday, hitting $82.95. The stock had a trading volume of 1,433,694 shares. The Home Depot has a one year low of $72.21 and a one year high of $83.20. The stock has a 50-day moving average of $80.71 and a 200-day moving average of $79.31. The company has a market cap of $113.4 billion and a price-to-earnings ratio of 21.07. The Home Depot also saw unusually large options trading activity on Monday. Stock traders purchased 9,035 call options on the stock. This is an increase of 122% compared to the typical daily volume of 4,063 call options.

The Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $1.00 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.01. The company had revenue of $19.70 billion for the quarter, compared to the consensus estimate of $19.96 billion. During the same quarter last year, the company posted $0.83 earnings per share. The Home Depot’s revenue was up 2.9% compared to the same quarter last year. On average, analysts predict that The Home Depot will post $4.41 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Wolfe Research upgraded shares of The Home Depot from a “market perform” rating to an “outperform” rating in a research note on Thursday, July 17th. Separately, analysts at Morgan Stanley initiated coverage on shares of The Home Depot in a research note on Tuesday, June 24th. They set an “equal weight” rating and a $90.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of The Home Depot to $93.00 in a research note on Wednesday, June 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. The Home Depot presently has a consensus rating of “Buy” and a consensus price target of $88.50.

The Home Depot, Inc (NYSE:HD) is a home improvement retailer.

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