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Evercore ISI Stick to Their Hold Rating for Hewlett Packard Enterprise

Published 04/22/2021, 08:08 AM
Updated 04/22/2021, 08:08 AM


Evercore ISI analyst Amit Daryanani maintained a Hold rating on Hewlett Packard Enterprise (NYSE:HPE) on Wednesday, setting a price target of $16, which is approximately 0.06% above the present share price of $15.99.

Daryanani expects Hewlett Packard Enterprise to post earnings per share (EPS) of $0.17 for the second quarter of 2021.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Hewlett Packard Enterprise, with an average price target of $16.08.
The analysts price targets range from a high of $20 to a low of $12.

In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $6.83 billion and a net profit of $496 million. The company's market cap is $20.81 billion.

According to TipRanks.com, Evercore ISI analyst Amit Daryanani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.0% and a 68.75% success rate.

Hewlett Packard Enterprise Co . engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. The Hybrid IT segment provides a broad portfolio of services-led and software-enabled infrastructure and solutions. The Intelligent Edge segment comprises of enterprise networking and security solutions for businesses of any size, offering secure connectivity for campus and branch environments, operating under the Aruba brand. The Financial Services segment offers investment solutions, such as leasing, financing, information technology consumption, utility programs and asset management services. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects. The company was founded in 1939 and is headquartered in San Jose, CA.

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