Barclays Maintains Their Hold Rating on HP (HPQ)


Barclays analyst Tim Long maintained a Hold rating on HP (HPQ) yesterday and set a price target of $19.00. The company’s shares closed last Monday at $22.43.

According to TipRanks.com, Long is a 5-star analyst with an average return of 18.2% and a 65.1% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Keysight Technologies, and Motorola Solutions.

HP has an analyst consensus of Hold, with a price target consensus of $20.80, representing a -6.9% downside. In a report issued on February 10, Wells Fargo also maintained a Hold rating on the stock with a $22.00 price target.

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The company has a one-year high of $24.09 and a one-year low of $15.93. Currently, HP has an average volume of 9.7M.

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HP Inc. enages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through following business segments: Personal Systems, Printing, and Corporate Investments.

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