Lowe’s Companies with ticker code (LOW) have now 26 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 300 and 202.3 with a mean TP of 245.43. With the stocks previous close at 187.67 this would imply there is a potential upside of 30.8%. The day 50 moving average is 198.03 and the 200 day moving average is 209.21. The company has a market cap of $120,745m. Visit the company website at: https://www.lowes.com
The potential market cap would be $157,907m 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.
