Are Analysts Bullish about Lowe’s Companies, Inc. (NYSE:LOW) after last week?

July 17, 2017 - By Peter Erickson

 Are Analysts Bullish about Lowe's Companies, Inc. (NYSE:LOW) after last week?
Investors sentiment decreased to 0.84 in 2016 Q4. Its down 0.09, from 0.93 in 2016Q3. It fall, as 87 investors sold Lowe’s Companies, Inc. shares while 444 reduced holdings. 103 funds opened positions while 341 raised stakes. 627.42 million shares or 0.25% less from 629.02 million shares in 2016Q3 were reported.
Daiwa Gp reported 39,720 shares. 27,700 are owned by Old Mutual Customised Solutions (Proprietary) Limited. 2,850 were reported by Tiedemann Wealth Management Ltd. Obermeyer Wood Investment Counsel Lllp has 1.54% invested in Lowe’s Companies, Inc. (NYSE:LOW). Moreover, Louisiana State Employees Retirement has 0.2% invested in Lowe’s Companies, Inc. (NYSE:LOW) for 54,700 shares. Peninsula Asset Mngmt has invested 2.99% in Lowe’s Companies, Inc. (NYSE:LOW). Moreno Evelyn V stated it has 0.63% in Lowe’s Companies, Inc. (NYSE:LOW). Smith Salley And Associate holds 0.22% or 15,038 shares in its portfolio. Bluecrest Capital Mgmt Limited reported 47,752 shares. Vanguard has invested 0.24% in Lowe’s Companies, Inc. (NYSE:LOW). 87,258 are owned by Advantus Mgmt. Wetherby Asset Mgmt Inc reported 16,045 shares. Tokio Marine Asset Mngmt invested in 179,124 shares or 1.47% of the stock. Mitchell Mcleod Pugh And Williams reported 9,506 shares. The Belgium-based Kbc Gru Nv has invested 0.38% in Lowe’s Companies, Inc. (NYSE:LOW).

Since March 3, 2017, it had 0 insider buys, and 8 insider sales for $44.98 million activity. 17,152 shares were sold by DAMRON RICKY D, worth $1.41 million on Saturday, April 1. On Tuesday, March 7 Ramsay Paul D sold $2.48M worth of Lowe’s Companies, Inc. (NYSE:LOW) or 30,638 shares. Shares for $753,162 were sold by Hollifield Matthew V on Friday, March 3. $1.04M worth of Lowe’s Companies, Inc. (NYSE:LOW) was sold by CROOM MARSHALL A. $36.24 million worth of Lowe’s Companies, Inc. (NYSE:LOW) shares were sold by NIBLOCK ROBERT A. 11,672 shares valued at $936,115 were sold by Maltsbarger Richard D on Tuesday, May 30. 3,568 shares were sold by Peace Nelson B, worth $290,089 on Monday, March 6.

Lowe’s Companies, Inc. (NYSE:LOW) Ratings Coverage

Among 20 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Lowe’s Companies Inc. had 36 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cantor Fitzgerald on Wednesday, August 19. The stock of Lowe’s Companies, Inc. (NYSE:LOW) earned “Buy” rating by Zelman on Thursday, November 19. BMO Capital Markets maintained the shares of LOW in report on Monday, August 22 with “Outperform” rating. The rating was upgraded by Atlantic Securities on Tuesday, November 24 to “Overweight”. The rating was downgraded by PiperJaffray on Monday, October 31 to “Neutral”. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, July 5. Stifel Nicolaus reinitiated the shares of LOW in report on Tuesday, August 2 with “Buy” rating. The stock has “Market Perform” rating by Telsey Advisory Group on Thursday, December 8. Bernstein initiated the shares of LOW in report on Monday, February 6 with “Underperform” rating. The stock of Lowe’s Companies, Inc. (NYSE:LOW) has “Hold” rating given on Thursday, August 20 by Zacks. Below is a list of Lowe’s Companies, Inc. (NYSE:LOW) latest ratings and price target changes.

05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $89.0000 Maintain
26/05/2017 Broker: Goldman Sachs Rating: Buy Old Target: $97.00 New Target: $96.00 Target Down
26/05/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $89.00 New Target: $87.00 Target Down
15/05/2017 Broker: Jefferies Rating: Hold Old Target: $80.00 New Target: $94.00 Target Up
06/02/2017 Broker: Bernstein Rating: Underperform New Target: $66 Initiate

The stock increased 0.46% or $0.35 during the last trading session, reaching $76.43. About 3.96 million shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since July 17, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Lowe’s Companies, Inc. is a home improvement retailer. The company has market cap of $64.14 billion. The Firm operates approximately 1,860 home improvement and hardware stores, representing approximately 200 million square feet of retail selling space. It has a 24.01 P/E ratio. The Firm operates approximately 1,800 stores located across over 50 states in the United States, including approximately 80 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as approximately 40 stores in Canada and over 10 stores in Mexico.

Another recent and important Lowe’s Companies, Inc. (NYSE:LOW) news was published by which published an article titled: “Lowe’s: Great Company, Good Price” on July 07, 2017.

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