Home Depot (The) with ticker code (HD) now have 30 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 470 and 282 and has a mean target at 354.97. Given that the stocks previous close was at 269.14 this is indicating there is a potential upside of 31.9%. The 50 day moving average now sits at 299.04 and the 200 day moving average is 320.95. The company has a market capitalisation of $277,369m. Company Website: https://www.homedepot.com
The potential market cap would be $365,824m 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.
