Lowe’s Companies Inc. (NYSE:LOW) traded today at a new 52-week high of $222.01. So far today approximately 640,000 shares have been exchanged, as compared to an average 30-day volume of 3.2 million shares.
Based on a current price of $221.77, Lowe’s Companies Inc. is currently 21.0% above its average consensus analyst price target of $175.15.
Lowe’s Companies Inc. share prices have moved between a 52-week high of $222.01 and a 52-week low of $146.72 and are now trading 51% above that low price at $221.77 per share.
Lowe’s is the second-largest home improvement retailer in the world, operating about 1,970 stores throughout the United States and Canada. The firm’s stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe’s targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe’s captures a double-digit share of the domestic home improvement market, based on U.S. Census estimates for market size.
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