Robert W. Baird analyst Peter Benedict maintained a Buy rating on Lowe's Companies (NYSE:LOW) on Sunday, setting a price target of $200, which is approximately 23.50% above the present share price of $161.94.
Benedict expects Lowe's Companies to post earnings per share (EPS) of $1.33 for the first quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Lowe's, with an average price target of $198.27.
The analysts price targets range from a high of $215 to a low of $170.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $20.31 billion and a net profit of $1.52 billion. The company's market cap is $118.38 billion.
According to TipRanks.com, Robert W. Baird analyst Peter Benedict is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.1% and a 78.97% success rate.
Lowe's Cos., Inc. engages in the retail sale of home improvement products. It offers products for maintenance, repair, remodelling, home decorating, and property maintenance. It also provides home improvement products in the following categories: appliances, bathroom, building supply, electrical, flooring, hardware, paint, kitchen, plumbing, lighting & fans, outdoor living, windows, and doors. The company was founded in 1946 and is headquartered in Mooresville, NC.