22 Analysts Have This To Say About Home Depot
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has been analyzed by 22 analysts over the past three months, revealing a range of perspectives from bullish to bearish. The average 12-month price target is $392.09, with a high of $425.00 and a low of $318.00. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting mixed sentiments. Home Depot's financial performance shows a decline in revenue growth but strong profitability and return metrics.
June 26, 2024 | 3:00 pm
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Home Depot has received mixed ratings from 22 analysts, with a 12-month price target averaging $392.09. Recent actions include both raises and lowers in ratings and price targets. Financial performance shows a decline in revenue growth but strong profitability and return metrics.
The mixed analyst ratings and recent changes in price targets indicate uncertainty about Home Depot's short-term performance. While the company shows strong profitability and return metrics, the decline in revenue growth and high debt-to-equity ratio raise concerns. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100