Susquehanna analyst Mehdi Hosseini reiterated a Hold rating on Hewlett Packard Enterprise (HPE) today and set a price target of $15. The company’s shares closed last Monday at $15.36.
According to TipRanks.com, Hosseini is a 4-star analyst with an average return of 9.2% and a 51.0% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Applied Materials Inc, and Universal Display.
The word on The Street in general, suggests a Hold analyst consensus rating for Hewlett Packard Enterprise with a $15.89 average price target, representing a 3.5% upside. In a report issued on August 29, Daiwa also maintained a Hold rating on the stock with a $14 price target.
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The company has a one-year high of $17.27 and a one-year low of $12.09. Currently, Hewlett Packard Enterprise has an average volume of 9.11M.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HPE in relation to earlier this year.
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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.
