Lowe’s Companies found using ticker (LOW) have now 27 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 300 and 210 calculating the average target price we see 248.22. Now with the previous closing price of 197.22 this now indicates there is a potential upside of 25.9%. The 50 day moving average now sits at 192.8 and the 200 day moving average is 214.51. The company has a market cap of $122,502m. Company Website: https://www.lowes.com
The potential market cap would be $154,181m 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.
