Analyst Expectations for Lowe’s Companies’s Future

Analysts have provided the following ratings for Lowe’s Companies (NYSE:LOW) within the last quarter: Bullish Somewhat Bullish Indifferent…

Analysts have provided the following ratings for Lowe’s Companies (NYSE:LOW) within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 3 5 1 0
Last 30D 1 0 0 0 0
1M Ago 1 1 2 0 0
2M Ago 2 2 1 0 0
3M Ago 0 0 2 1 0

These 13 analysts have an average price target of $226.69 versus the current price of Lowe’s Companies at $200.42, implying upside.

Below is a summary of how these 13 analysts rated Lowe’s Companies over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average represents a 5.64% decrease from the previous average price target of $240.25.

Stay up to date on Lowe’s Companies analyst ratings.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Levi Strauss Likely To Report Sharp Drop In Q2 Earnings; Here’s A Look At Recent Price Target Changes By The Most Accurate Analysts

Levi Strauss & Co. (NYSE: LECI) is expected to report its financial results for the second quarter ended May 28, 2023, after the closing bell on July 6, 2023. Analysts expect the company to post quarterly earnings at 3 cents per share, down from year-ago earnings of 23 cents per share. The company’s revenue might come in at $1.34 billion.

LECI