HP Inc. – Consensus ‘buy’ rating and -.2% Downside Potential

Broker Ratings
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HP Inc. with ticker code (HPQ) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $36.86 and $22.12 calculating the mean target price we have $29.35. Given that the stocks previous close was at $29.41 this would imply there is a potential downside of -.2%. It’s also worth noting that there is a 50 day moving average of $29.25 and the 200 day moving average is $29.43. The company has a market capitalization of 28.43B. The current share price for the company is: $29.06 USD

The potential market cap would be $28,376,647,099 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 8.62, revenue per share of $53.45 and a 7.56% return on assets.

HP Inc. is a global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. Its segments include Personal Systems, Printing and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers (PCs), workstations, thin clients, commercial mobility devices, retail point-of-sale (POS) systems, displays and peripherals, software, support and services. The Printing segment provides consumer and commercial printer hardware, supplies, services and solutions. The Printing segment is also focused on graphics and three-dimensional (3D) imaging solutions in the commercial and industrial markets. The Corporate Investments segment includes HP Labs and certain business incubation and investment projects.

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