Forecasting the Stock of Hewlett Packard Enterprise (HPE) and Price Target for 2024

Forecasting the Stock of Hewlett Packard Enterprise (HPE) and Price Target for 2024

In 2024, Hewlett Packard Enterprise’s stock is forecasted to have a consensus rating of “Hold” based on 10 analyst ratings. The consensus target price for the stock is $17.91, with a high forecast of $20.00 and a low forecast of $14.00.

MarketBeat calculates analyst consensus ratings for stocks by normalizing each analyst rating to a standardized score of 1 (Sell), 2 (Hold), 3 (Buy), or 4 (Strong Buy). The Analyst Consensus Ratings are then calculated using the median average of the standardized ratings from Wall Street analysts. The Analyst Consensus Rating for a stock is derived from its Consensus Ratings Score, with scores ranging from 0 to 4 indicating a Strong Sell to Strong Buy rating.

Additionally, MarketBeat’s consensus price targets are a mean average of the most recent price targets set by analysts in the last twelve months. It is important to note that MarketBeat’s consensus ratings and price targets may differ from those calculated by other companies due to variations in methodology and available data.

Article Source
https://www.marketbeat.com/instant-alerts/nyse-hpe-consensus-analyst-rating-2023-12-02/