Published On: Wed, Oct 19th, 2016

Hewlett Packard Enterprise reiterated as Buy By Needham

In an analyst rating update on Wednesday shares of Hewlett Packard Enterprise (NYSE:HPE) had their rating reiterated by analysts at Needham.

The broker said it has now set a ‘Buy’ rating on shares of Hewlett Packard Enterprise with a price target of 26. The price target according to the broker shows a possible increase of 18.59% from the current stock price of 21.93.


Over the last twelve months Hewlett Packard Enterprise’s share price has increased from 16.34 to 21.93, changing by 34.18%.

The companies 50 day moving average is 22.18 and its 200 day moving average is 19.62. The 52 week high Hewlett Packard Enterprise’s shares have peaked at is 23.53 whilst the 52 week low for the company’s shares is 11.63.

Hewlett Packard Enterprise has 1,665,537,000 shares which are currently outstanding with a price of 21.93 calculating Hewlett Packard Enterprise’s market capitalisation to 36.52B USD .

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