Benzinga | Nov 9, 2021 01:21PM EST

What 4 Analyst Ratings Have To Say About Lowe's Companies

Within the last quarter, Lowe's Companies (NYSE:LOW) has observed the following analyst ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 0 4 0 0 0Last 30D 0 1 0 0 01M Ago 0 1 0 0 02M Ago 0 0 0 0 03M Ago 0 2 0 0 0

These 4 analysts have an average price target of $243.75 versus the current price of Lowe's Companies at $234.74, implying upside.

Below is a summary of how these 4 analysts rated Lowe's Companies over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This average price target has increased by 7.38% over the past month.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.