Lowe’s Companies, Inc. – Consensus Indicates Potential 21.0% Upside

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Lowe’s Companies, Inc. found using ticker (LOW) now have 27 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 300 and 202.3 calculating the average target price we see 247.34. Given that the stocks previous close was at 204.38 this would imply there is a potential upside of 21.0%. The 50 day MA is 195.35 and the 200 moving average now moves to 213.12. The market capitalisation for the company is $127,647m. Visit the company website at: https://www.lowes.com

The potential market cap would be $154,478m based on the market concensus.

Lowe’s Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. As of January 28, 2022, it operated 1,971 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe’s Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.

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