a day ago
Lowe's (LOW) Receives a Buy from Bernstein
Bernstein analyst Zhihan Ma maintained a Buy rating on Lowe's on July 8 and set a price target of $266.00. The company's shares closed yesterday at $224.13.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ma covers the Consumer Cyclical sector, focusing on stocks such as Costco, Dollar General, and Lowe's. According to TipRanks, Ma has an average return of 6.4% and a 55.26% success rate on recommended stocks.
Currently, the analyst consensus on Lowe's is a Moderate Buy with an average price target of $263.13.
The company has a one-year high of $287.01 and a one-year low of $206.39. Currently, Lowe's has an average volume of 2.63M.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LOW in relation to earlier this year. Last month, JULIETTE WILLIAMS PRYOR, the EVP, CLO & Corp. Sec of LOW sold 1,130.00 shares for a total of $257,075.00.