Lowes Companies (LOW) Receives Price Target

Lowes Companies (LOW) : The highest level Lowes Companies (LOW) is projected to reach is $100 for the short term and the lowest estimate is at $75. The consolidated price target from 15 rating analysts who initiate coverage on the stock is $87.33 and the possibility the share price can swing is $6.43.

Lowes Companies (LOW) : 10 brokerage houses believe that Lowes Companies (LOW) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Lowes Companies (LOW). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.68.


Also, BMO Capital maintains its view on Lowes Companies (NYSE:LOW) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. BMO Capital raises the price target from $76.43 per share to $86 per share on Lowes Companies . The rating by the firm was issued on August 22, 2016.

Lowes Companies (NYSE:LOW): The stock opened at $76.69 on Thursday but the bulls could not build on the opening and the stock topped out at $76.84 for the day. The stock traded down to $75.88 during the day, due to lack of any buying support eventually closed down at $76.44 with a loss of -0.16% for the day. The stock had closed at $76.56 on the previous day. The total traded volume was 3,852,233 shares.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

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