Oppenheimer analyst Brian Nagel maintained a Buy rating on Lowe’s (LOW) today. The company’s shares closed yesterday at $92.11.
According to TipRanks.com, Nagel is a 4-star analyst with an average return of 5.3% and a 55.8% success rate. Nagel covers the Services sector, focusing on stocks such as Weight Watchers International, Dick’s Sporting Goods, and Advance Auto Parts.
Currently, the analyst consensus on Lowe’s is a Strong Buy with an average price target of $111.22, which is a 20.7% upside from current levels. In a report released yesterday, Loop Capital Markets also maintained a Buy rating on the stock with a $125 price target.
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The company has a one-year high of $117.70 and a one-year low of $81.16. Currently, Lowe’s has an average volume of 5.27M.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is neutral on the stock. Most recently, in September 2018, Marshall Croom, the EVP & CFO of LOW sold 15,735 shares for a total of $1,803,387.
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.
Lowe’s Cos., Inc. engages in the retail sale of home improvement products. It offers products for maintenance, repair, remodeling, home decorating, and property maintenance.
