In a report released today, Mehdi Hosseini from Susquehanna reiterated a Hold rating on Hewlett Packard Enterprise (HPE), with a price target of $17.00. The company’s shares closed last Monday at $16.94, close to its 52-week high of $17.03.
According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 9.8% and a 51.2% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Applied Materials, and Universal Display.
The word on The Street in general, suggests a Hold analyst consensus rating for Hewlett Packard Enterprise with a $16.08 average price target, a -5.2% downside from current levels. In a report issued on October 24, Nomura also maintained a Hold rating on the stock with a $17.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $17.03 and a one-year low of $12.09. Currently, Hewlett Packard Enterprise has an average volume of 9.37M.
Based on the recent corporate insider activity of 60 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.
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.
Read More on HPE:
