Fintel reports that on December 19, 2024, Deutsche Bank upgraded their outlook for Hewlett Packard Enterprise (LSE:0J51) from Hold to Buy.
Analyst Price Forecast Suggests 6.03% Upside
As of December 3, 2024, the average one-year price target for Hewlett Packard Enterprise is 22.87 GBX/share. The forecasts range from a low of 18.24 GBX to a high of 30.55 GBX. The average price target represents an increase of 6.03% from its latest reported closing price of 21.57 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Hewlett Packard Enterprise is 30,469MM, an increase of 1.14%. The projected annual non-GAAP EPS is 2.17.
What is the Fund Sentiment?
There are 1,862 funds or institutions reporting positions in Hewlett Packard Enterprise. This is an increase of 84 owner(s) or 4.72% in the last quarter. Average portfolio weight of all funds dedicated to 0J51 is 0.20%, an increase of 5.42%. Total shares owned by institutions increased in the last three months by 4.83% to 1,234,558K shares.
What are Other Shareholders Doing?
Bank Of America holds 45,260K shares representing 3.49% ownership of the company. In its prior filing, the firm reported owning 49,386K shares , representing a decrease of 9.12%. The firm decreased its portfolio allocation in 0J51 by 79.10% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 41,173K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 41,059K shares , representing an increase of 0.28%. The firm decreased its portfolio allocation in 0J51 by 8.97% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 34,039K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 33,359K shares , representing an increase of 2.00%. The firm decreased its portfolio allocation in 0J51 by 9.25% over the last quarter.
Geode Capital Management holds 31,493K shares representing 2.43% ownership of the company. In its prior filing, the firm reported owning 31,242K shares , representing an increase of 0.80%. The firm decreased its portfolio allocation in 0J51 by 52.95% over the last quarter.
Primecap Management holds 31,355K shares representing 2.42% ownership of the company. In its prior filing, the firm reported owning 31,775K shares , representing a decrease of 1.34%. The firm decreased its portfolio allocation in 0J51 by 3.15% over the last quarter.
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