Home Depot (The) – Consensus Indicates Potential 23.9% Upside

Broker Ratings
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Home Depot (The) found using ticker (HD) have now 31 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 470 and 282 calculating the mean target price we have 360.87. With the stocks previous close at 291.2 this indicates there is a potential upside of 23.9%. The day 50 moving average is 298.21 while the 200 day moving average is 330.56. The market capitalisation for the company is $295,264m. You can visit the company’s website by visiting: https://www.homedepot.com

The potential market cap would be $365,907m based on the market concensus.

The Home Depot operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot was incorporated in 1978 and is based in Atlanta, Georgia.

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