HP Inc. Share Price Target ‘$29.22’, now -3.9% Downside Potential

Broker Ratings
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HP Inc. with ticker code (HPQ) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $36.70 and $22.02 calculating the mean target share price we have $29.22. (at the time of writing). Given that the stocks previous close was at $30.42 this is indicating there is a potential downside of -3.9%. The 50 day moving average now sits at $29.32 while the 200 day moving average is $29.43. The market capitalization for the company is 29.30B. The stock price for the company is currently $29.94 USD

The potential market cap would be $28,140,072,693 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 8.78, 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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