Lowe’s Companies with ticker code (LOW) have now 28 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 300 and 190 with the average target price sitting at 243.96. Given that the stocks previous close was at 184.22 this indicates there is a potential upside of 32.4%. There is a 50 day moving average of 191.34 and the 200 day MA is 219.87. The company has a market cap of $111,669m. Visit the company website at: https://www.lowes.com
The potential market cap would be $147,881m 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.
