The ODP Corporation – Consensus Indicates Potential 24.2% Upside

Broker Ratings

The ODP Corporation found using ticker (ODP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 68 and 48 with a mean TP of 57.67. Now with the previous closing price of 46.43 this would indicate that there is a potential upside of 24.2%. The 50 day MA is 43.3 while the 200 day moving average is 43.62. The market capitalisation for the company is $2,245m. Visit the company website at: https://investor.theodpcorp.com

The potential market cap would be $2,788m based on the market concensus.

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The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The Retail division operates a chain of retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and furniture, as well as printing, copying, mailing, and shipping services. As of December 31, 2021, this division operated 1,038 retail stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers its products under various brands, luding Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was orporated in 1986 and is headquartered in Boca Raton, Florida.

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