Lowe’s Companies with ticker code (LOW) have now 30 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 300 and 152 calculating the average target price we see 237.28. With the stocks previous close at 199.04 this would imply there is a potential upside of 19.2%. There is a 50 day moving average of 202.11 while the 200 day moving average is 196.83. The market cap for the company is $121,781m. Visit the company website at: https://www.lowes.com
The potential market cap would be $145,178m based on the market concensus.
Lowe’s Companies, together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. As of January 28, 2022, it operated 1,971 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe’s Companies was founded in 1921 and is based in Mooresville, North Carolina.
