In a report released today, Elizabeth Lane Suzuki from Merrill Lynch maintained a Buy rating on Home Depot (NYSE: HD), with a price target of $215. The company’s shares opened today at $189.50.
According to TipRanks.com, Suzuki is a 3-star analyst with an average return of 7.0% and a 64.3% success rate. Suzuki covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Floor & Decor Holdings Inc, and Genuine Parts Company.
Currently, the analyst consensus on Home Depot is Moderate Buy and the average price target is $208.13, representing a 9.8% upside.
In a report released yesterday, Credit Suisse also maintained a Buy rating on the stock with a $222 price target.
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Home Depot’s market cap is currently $221.3B and has a P/E ratio of 26.25. The company has a Price to Book ratio of 152.18.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
