Hewlett Packard Enterprise (HPE) Receives a Hold from Barclays


In a report issued on August 7, Tim Long from Barclays resumed coverage with a Hold rating on Hewlett Packard Enterprise (HPE) and a price target of $14. The company’s shares closed on Friday at $13.39.

According to TipRanks.com, Long is a 5-star analyst with an average return of 19.1% and a 64.4% success rate. Long covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Dell Technologies Inc, and Motorola Solutions.

The word on The Street in general, suggests a Hold analyst consensus rating for Hewlett Packard Enterprise with a $16 average price target, a 19.5% upside from current levels. In a report issued on August 2, Maxim Group also maintained a Hold rating on the stock with a $17 price target.

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Hewlett Packard Enterprise’s market cap is currently $17.93B and has a P/E ratio of 65.90. The company has a Price to Book ratio of 0.99.

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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.

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