Expert Outlook: Home Depot Through The Eyes Of 13 Analysts
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has been evaluated by 13 analysts over the past three months, with a mix of bullish and indifferent ratings. The average 12-month price target has slightly increased to $385.31. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Home Depot shows strong financial performance with high net margins and ROE, but has a high debt-to-equity ratio.
September 03, 2024 | 6:00 pm
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NEUTRAL IMPACT
Home Depot has received mixed analyst ratings, with a slight increase in the average price target to $385.31. The company's strong financial performance is offset by a high debt-to-equity ratio.
The mixed analyst ratings and slight increase in price target suggest a neutral short-term impact on Home Depot's stock price. The company's strong financial performance is a positive indicator, but the high debt-to-equity ratio raises concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100