Home Depot (The) (HD) : The most positive equity analysts on Home Depot (The) (HD) expects the shares to touch $158, whereas, the least positive believes that the stock will trade at $106 in the short term. The company is covered by 15 Wall Street Brokerage Firms. The average price target for shares are $144.33 with an expected fluctuation of $13.37 from the mean.
Home Depot (The) (HD) has witnessed a rise of 14.3% or 1,162,826 shares in its short figure. The short interest augmentation took it from 8,138,500 on June 15,2016 to 9,301,326 on June 30,2016. In terms of floated shares, the short interest was calculated to be 0.7%. The days to cover are 2 given that the daily volume averaged 5,493,380 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Nomura upgrades its rating on Home Depot (The) (NYSE:HD). Analysts at the Nomura have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on June 23, 2016.
Home Depot (The) (NYSE:HD): stock turned positive on Thursday. Though the stock opened at $134.4, the bulls momentum made the stock top out at $134.79 level for the day. The stock recorded a low of $133.83 and closed the trading day at $134.54, in the green by 0.73%. The total traded volume for the day was 3,122,618. The stock had closed at $133.56 in the previous days trading.
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.