Oppenheimer analyst Brian Nagel assigned a Hold rating to Home Depot (HD) yesterday and set a price target of $310.00. The company’s shares closed last Tuesday at $267.24.
According to TipRanks.com, Nagel is a top 25 analyst with an average return of 39.7% and a 79.9% success rate. Nagel covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, The Lovesac Company, and Lululemon Athletica.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $314.60 average price target.
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The company has a one-year high of $292.95 and a one-year low of $140.63. Currently, Home Depot has an average volume of 3.89M.
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Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.
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