Hewlett Packard Enterprise (HPE) Gets a Buy Rating from Oppenheimer


In a report issued on March 12, Ittai Kidron from Oppenheimer maintained a Buy rating on Hewlett Packard Enterprise (HPE), with a price target of $15.00. The company’s shares closed last Monday at $9.86, close to its 52-week low of $8.94.

According to TipRanks.com, Kidron is a top 25 analyst with an average return of 27.5% and a 67.0% success rate. Kidron covers the Technology sector, focusing on stocks such as Zoom Video Communications, Slack Technologies, and Cambium Networks.

Currently, the analyst consensus on Hewlett Packard Enterprise is a Hold with an average price target of $14.25, which is a 47.1% upside from current levels. In a report issued on March 4, Raymond James also maintained a Buy rating on the stock with a $17.00 price target.

See today’s analyst top recommended stocks >>

Hewlett Packard Enterprise’s market cap is currently $12.7B and has a P/E ratio of 10.97. The company has a Price to Book ratio of 0.74.

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.

Hewlett Packard Enterprise Co. engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts