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Shares of Hewlett-Packard Company (NYSE:HPQ) have received an average recommendation of “Buy” from the twenty-four analysts that are covering the stock, AnalystRatingsNetwork reports. Ten investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $34.30.

A number of research firms have recently commented on HPQ. Analysts at FBN Securities upgraded shares of Hewlett-Packard Company from a “sector perform” rating to an “outperform” rating in a research note on Thursday. They now have a $45.00 price target on the stock, up previously from $35.00. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Hewlett-Packard Company from $30.00 to $34.50 in a research note on Thursday. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Hewlett-Packard Company in a research note on Thursday. They now have a $41.00 price target on the stock, up previously from $38.00.

Shares of Hewlett-Packard Company (NYSE:HPQ) opened at 36.84 on Monday. Hewlett-Packard Company has a 52-week low of $20.25 and a 52-week high of $37.40. The stock’s 50-day moving average is $35.0 and its 200-day moving average is $32.77. The company has a market cap of $68.891 billion and a P/E ratio of 13.84.

Hewlett-Packard Company (NYSE:HPQ) last released its earnings results on Wednesday, August 20th. The company reported $0.89 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.89. The company had revenue of $27.59 billion for the quarter, compared to the consensus estimate of $27.00 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Analysts expect that Hewlett-Packard Company will post $3.73 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Wednesday, September 10th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Monday, September 8th.

Hewlett-Packard Company (NYSE:HPQ) is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the Government, health and education sectors.

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