The ODP Corporation with ticker code (ODP) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 68 and 48 and has a mean target at 57.67. Now with the previous closing price of 44.88 this would indicate that there is a potential upside of 28.5%. The day 50 moving average is 44.43 while the 200 day moving average is 43.47. The company has a market cap of $2,212m. Visit the company website at: https://investor.theodpcorp.com
The potential market cap would be $2,843m based on the market concensus.
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The Retail division operates a chain of retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and furniture, as well as printing, copying, mailing, and shipping services. As of December 31, 2021, this division operated 1,038 retail stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers its products under various brands, including Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida.
