In a report released today, Elizabeth Lane Suzuki from Merrill Lynch maintained a Hold rating on Home Depot (HD), with a price target of $255.00. The company’s shares closed last Monday at $239.70, close to its 52-week high of $247.36.
Suzuki has an average return of 15.6% when recommending Home Depot.
According to TipRanks.com, Suzuki is ranked #4223 out of 5951 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $244.71 average price target, which is a 2.6% upside from current levels. In a report issued on February 14, Nomura also maintained a Hold rating on the stock with a $224.00 price target.
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Home Depot’s market cap is currently $261.5B and has a P/E ratio of 23.82. The company has a Price to Book ratio of -241.47.
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is neutral on the stock.
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