Key Analysts at Stifel Nicolaus Reiterate their ‘Buy’ rating for Home Depot (NYSE:HD) Shares Today. Their Price Target is Set to $225.0000

May 17, 2018 - By Hannah Black

The Home Depot, Inc. (NYSE:HD) Logo

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.21, from 1.14 in 2017Q3. It is negative, as 51 investors sold The Home Depot, Inc. shares while 662 reduced holdings. 164 funds opened positions while 501 raised stakes. 788.59 million shares or 0.96% less from 796.24 million shares in 2017Q3 were reported.

Neville Rodie & Shaw accumulated 52,570 shares. 35,206 are owned by Moreno Evelyn V. Amp Invsts Limited invested in 0.77% or 755,966 shares. Smith Asset Management Group L P invested in 532,698 shares. Penobscot Inv Management holds 0.78% or 14,782 shares in its portfolio. Swiss Bankshares reported 0.92% in The Home Depot, Inc. (NYSE:HD). The Rhode Island-based Washington Tru has invested 1.49% in The Home Depot, Inc. (NYSE:HD). New York-based Goldman Sachs Grp Inc has invested 0.3% in The Home Depot, Inc. (NYSE:HD). 38,120 are owned by Catalyst Capital Ltd Liability Corp. Norris Perne French Llp Mi invested in 2,105 shares or 0.06% of the stock. Raab And Moskowitz Asset Mgmt Ltd Company has 0.91% invested in The Home Depot, Inc. (NYSE:HD). Princeton Port Strategies Gp Ltd Liability Com holds 6,045 shares or 0.31% of its portfolio. Woodmont Investment Counsel Lc accumulated 0.14% or 2,907 shares. 50,369 are owned by Parsons Cap Mngmt Inc Ri. Condor Mngmt holds 0.78% or 20,182 shares in its portfolio.

Since December 7, 2017, it had 2 insider buys, and 5 sales for $36.57 million activity. On Friday, March 2 CODINA ARMANDO M bought $1.19 million worth of The Home Depot, Inc. (NYSE:HD) or 6,650 shares. $7.58M worth of The Home Depot, Inc. (NYSE:HD) was sold by Carey Matt on Friday, December 8. Another trade for 17,660 shares valued at $3.31M was sold by Decker Edward P.. BRENNEMAN GREGORY D bought $3.00M worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, March 21. 10,916 shares were sold by Roseborough Teresa Wynn, worth $1.97M. Menear Craig A also sold $20.89M worth of The Home Depot, Inc. (NYSE:HD) shares.

Home Depot (NYSE:HD) Rating Reaffirmed

In analysts report revealed to clients this morning, Stifel Nicolaus maintained their Buy rating on Home Depot (NYSE:HD) shares. The TP would indicate a possible upside of 21.41 % from firm’s last close price.

The Home Depot, Inc. (NYSE:HD) Ratings Coverage

Among 21 analysts covering Home Depot (NYSE:HD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Home Depot has $230.0 highest and $170.0 lowest target. $203.58’s average target is 9.85% above currents $185.33 stock price. Home Depot had 32 analyst reports since November 28, 2017 according to SRatingsIntel. The stock has “Buy” rating by Robert W. Baird on Tuesday, February 20. The firm has “Hold” rating by Wedbush given on Wednesday, February 21. The stock of The Home Depot, Inc. (NYSE:HD) earned “Buy” rating by Robert W. Baird on Wednesday, January 10. On Tuesday, January 2 the stock rating was maintained by Robert W. Baird with “Buy”. As per Wednesday, January 24, the company rating was maintained by Stifel Nicolaus. On Wednesday, January 24 the stock rating was maintained by Credit Suisse with “Outperform”. On Friday, December 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Wednesday, February 21 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, February 5 by Jefferies. The stock has “Buy” rating by Credit Suisse on Wednesday, November 29.

The stock decreased 0.56% or $1.05 during the last trading session, reaching $185.33. About 4.23 million shares traded. The Home Depot, Inc. (NYSE:HD) has risen 18.94% since May 18, 2017 and is uptrending. It has outperformed by 7.39% the S&P500.

The Home Depot, Inc. operates as a home improvement retailer. The company has market cap of $213.63 billion. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me , and professional customers. It has a 25.42 P/E ratio. The firm offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM clients through third-party installers.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Seekingalpha.com which released: “Home Depot Building For The Long Haul” on April 21, 2018, also Seekingalpha.com with their article: “Home Depot’s Stock Falls As Sales Slip Amid Erratic Housing And Spending Data” published on May 16, 2018, Nasdaq.com published: “Home Depot Says a Delayed Spring Season Won’t Hurt the Business in 2018” on May 17, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Benzinga.com and their article: “Trade Concerns, Earnings Could Put 8-Day Dow Win Streak in Jeopardy” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Home Depot’s (HD) CEO Craig Menear on Q1 2018 Results – Earnings Call Transcript” with publication date: May 15, 2018.

The Home Depot, Inc. (NYSE:HD) Institutional Positions Chart

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