How Does Home Depot Inc (HD) Stock Rank on Wall Street Tuesday?

Tuesday, January 25, 2022 02:16 PM | InvestorsObserver Analysts

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Wall Street is positive on Home Depot Inc (HD). On average, analysts give HD a Strong Buy rating. The average price target is $410.368, which means analysts expect the stock to gain by 14.13% over the next twelve months. That average ranking earns HD an Analyst Rating of 44, which is better than 44% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating HD a Strong Buy today. Find out what this means to you and get the rest of the rankings on HD!
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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Home Depot Inc Stock Today?

Home Depot Inc (HD) stock is trading at $359.55 as of 2:09 PM on Tuesday, Jan 25, a drop of -$4.26, or -1.17% from the previous closing price of $363.81. The stock has traded between $352.19 and $361.20 so far today. Volume today is less active than usual. So far 2,875,397 shares have traded compared to average volume of 4,419,952 shares. Click Here to get the full Stock Report for Home Depot Inc stock.

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