Hewlett Packard HPE saw the following analyst ratings for the past quarter:
|quickly||bit bullish||Moody||bit bearish||recession|
In the last 3 months, 8 analysts have offered 12-month price targets for Hewlett Packard. The average price target for the company is $17.06 with a high of $20.00 and a low of $13.50.
Below is a summary of how these 8 analysts rated Hewlett Packard over the last 3 months. The higher the number of bullish ratings, the more positive analysts rate the stock, and the higher the number of bearish ratings, the more negative analysts rate the stock.
This represents a 9.54% drop from the current average price target of $18.86.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or specific sectors. Analysts may participate in company conference calls and meetings, research a company’s financial statements, and communicate with insiders to publish “analyst ratings” for stocks. Analysts typically rate each stock once a quarter.
Some analysts also offer forecasts for metrics such as growth forecasts, earnings, and revenue to provide further guidance on the stock. Investors using analyst ratings should note that this particular recommendation is human and may be subject to error.
This article was created by Benzinga’s Automated Content Engine and is editor-reviewed.