HD Supply Holdings (HDS) : 10 investment research analysts covering HD Supply Holdings (HDS) have an average price target of $39.7 for the near short term. The highest target price given by the Brokerage Firm to the stock is $43 and the lowest target is $37 for the short term. Analysts expect the variance to be within $1.89 of the average price.
HD Supply Holdings (HDS) : 10 brokerage houses believe that HD Supply Holdings (HDS) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HD Supply Holdings (HDS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.46.
Also, Macquarie initiates coverage on HD Supply Holdings (NASDAQ:HDS). The current rating of the shares is Outperform, according to the research report released by the firm. The rating by the firm was issued on August 25, 2016.
HD Supply Holdings (NASDAQ:HDS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.28 and $35.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.16, notching a gain of 0.14% for the day. The total traded volume was 1,972,801 . The stock had closed at $36.11 on the previous day.
HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.