Hewlett Packard Enterprise Company – Consensus ‘hold’ rating and -1.5% Downside Potential

Broker Ratings
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Hewlett Packard Enterprise Company with ticker code (HPE) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between 21 and 14 calculating the average target price we see $17.34. Given that the stocks previous close was at $17.60 this would indicate that there is a downside of -1.5%. The 50 day moving average now sits at $16.92 and the 200 moving average now moves to $15.76. The company has a market cap of 22.73B. The stock price for the company is currently is currently 17.6 USD

The potential market cap would be $22,394,956,800 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 22.28, revenue per share of 22.76 and a 2.85% return on assets.

Hewlett Packard Enterprise Company (HPE) is a technology company focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data from edge to cloud. The Company operates through six segments: Compute, High Performance Computing & Artificial Intelligence (HPC & AI), Storage, Intelligent Edge, Financial Services (FS), and Corporate Investments and Other. Its Compute segments includes both general purpose servers for multi-workload computing and workload-optimized servers to deliver performance and value for applications. Its HPC & AI segment offers integrated systems comprised of software and hardware designed to address high-performance computing (HPC), artificial intelligence (AI), data analytics, and transaction processing workloads for customers globally. Intelligent Edge segment offers wired and wireless local area network (LAN), campus and data center switching, software-defined wide-area-network, network security, and associated services.

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