Hewlett-Packard Company (HPQ) has an average broker rating of 2.41, which is interpreted as a Buy, as rated by 17 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
Hewlett-Packard Company (HPQ) stock is expected to deviate a maximum of $1.77 from the average target price of $14.62 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $18 and the most muted being $12.
For the current week, the company shares have a recommendation consensus of Buy. Hewlett-Packard Company (NYSE:HPQ): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.20 and $14.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.30, notching a gain of 0.78% for the day. The total traded volume was 8,173,799 . The stock had closed at $14.19 on the previous day.
In a related news,The (Chief HR Officer) of Hp Inc, Keogh Tracy S sold 100,000 shares at $14 on July 19, 2016. The Insider selling transaction had a total value worth of $1,400,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
HP INC, formerly Hewlett-Packard Company (HP), is a global 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. The Company offers IT industrys broadest portfolios of products and services that bring infrastructure, software, and services through innovation to enable its customers to create value and solve business problems. The Company designs its solutions to provide foundation, in the areas of security, cloud, mobility and big data, by leveraging the breadth of its offerings and the strengths and capabilities of its individual business units. The Companys operations are organized into seven business segments: Personal Systems; Printing; the Enterprise Group (EG); Enterprise Services (ES); Software; HP Financial Services (HPFS), and Corporate Investments.