Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5985
    +0.0009 (+0.16%)
     
  • NZD/EUR

    0.5538
    +0.0005 (+0.08%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • NZD/JPY

    90.4390
    +0.0460 (+0.05%)
     

Why Most Analysts Recommend ‘Hold’ for Office Depot Stock

Why Most Analysts Recommend ‘Hold’ for Office Depot Stock

Of the seven analysts covering Office Depot (ODP) on July 13, 57% recommended “hold,” 14% recommended “buy,” and 29% recommended “sell.” Office Depot’s switch to becoming a business services provider seems to have paid off. Its acquisition, CompuCom, has been its biggest growth driver amid the technological shift and digital commerce expansion.