Home Depot (The) (HD) Receives ‘Analyst’ Rating

Home Depot (The) (HD) has an average broker rating of 1.78, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 12 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 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 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Home Depot (The) (HD) : 15 investment research analysts covering Home Depot (The) (HD) have an average price target of $147 for the near short term. The highest target price given by the Brokerage Firm to the stock is $158 and the lowest target is $106 for the short term. Analysts expect the variance to be within $13.11 of the average price.


Also, Brokerage firm Deutsche Bank maintains its rating on Home Depot (The) (NYSE:HD). As per the latest information, the brokerage house raises the price target to $145 per share from a prior target of $143. The shares have been rated Buy. The rating by the firm was issued on August 17, 2016.

Home Depot (The) (NYSE:HD): After opening at $125.97, the stock dipped to an intraday low of $125.71 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $127.635 and the buying power remained strong till the end. The stock closed at $126.96 for the day, a gain of 0.55% for the day session. The total traded volume was 5,110,485. The stocks close on the previous trading day was $126.26.

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.

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