Hewlett Packard Enterprise's (HPE) Buy Rating Reaffirmed at Jefferies Group LLC

Share

Gabelli initiated Hewlett Packard Enterprise Co (NYSE:HPE) on Monday, December 5 with "Buy" rating. Finally, Oppenheimer Holdings, Inc. reaffirmed a "buy" rating and set a $17.00 price target on shares of Hewlett Packard Enterprise in a research report on Friday. The technology business posted $0.30 EPS (EPS) for the period, exceeding Zacks' average forecast of $0.26 by $0.04.

Analysts on an average were expecting a profit of 40 cents a share, according to Thomson Reuters.

Akamai Technologies, Inc. (AKAM) have shown a high EPS growth of 10.90% in the last 5 years and has earnings rose of 0.70% yoy. HPE has diverse figures for different time frames; starting from week's performance it is giving positive returns of 1.74% in last five regular trading sessions.

Several analysts have released their opinion on Hewlett Packard Enterprise Company (NYSE:HPE), with 4 analysts believing it is a strong buy. Hewlett Packard Enterprise Company has a 1 year low of $11.99 has a 1 year high of $14.86. the share has a company valuation of $23.06 B, a price to earnings ratio of 10.64 along with a stock beta of 2.72. This was down from USD840 million, or USD0.49 per share, in last year's third quarter. Stockholders of record on Wednesday, September 13th will be given a $0.065 dividend. This dividend represents a yield of $1.82.

Many brokerage firms have quite recently commented on HPE. Raymond James Financial, restated an outperform recommendation and given a $21.00 price objective on the stock of Hewlett Packard Enterprise in a study note on early Mon, Jun 5th. Finally, Barclays PLC reiterated an "underweight" rating and issued a $17.00 target price (down from $18.00) on shares of Hewlett Packard Enterprise in a report on Thursday, June 1st. The stock has "Mkt Perform" rating by Raymond James on Wednesday, November 18. The firm has "Buy" rating by Argus Research given on Thursday, December 3. The shares price go down so far this year; showing a decline of -17.45% and dropped with negative flow of -20.28% during recent week. Royal Bank Of Canada reiterated a "hold" rating and issued a $20.00 target price on shares of Hewlett Packard Enterprise in a report on Friday, September 1st. This trading sentiment put the stock on Active spotlight. Currently, 1.66 billion total shares are owned by the public and among those 1.62 billion shares have been available to trade. The shares were sold at an average price of $16.71, for a total value of $1,046,914.92. The company now has an average rating of "Hold" and an average target price of $21.55. The rating was maintained by BMO Capital Markets on Wednesday, May 31 with "Hold". Margaret C. Whitman, CEO disclosed the sale of 62,652 shares of (HPE). Additionally the company recently announced a dividend for shareholders payable on Wednesday October 4th, 2017.

HP Inc.is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. Renaissance Technology invested in 0.04% or 2.17 million shares. Convergence Inv Ptnrs Limited Liability Company invested 0.29% of its portfolio in Owens Corning (NYSE:OC). The Company?s segments include: Enterprise Group, Software, Financial Services and Corporate Investments.

Share