Lowe’s Companies with ticker code (LOW) now have 27 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 300 and 210 with the average target price sitting at 248.22. Now with the previous closing price of 192.96 this is indicating there is a potential upside of 28.6%. The 50 day MA is 193.83 and the 200 day MA is 213.81. The market cap for the company is $124,947m. Company Website: https://www.lowes.com
The potential market cap would be $160,730m 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.
