Bed Bath & Beyond Inc. (NASDAQ:BBBY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 19, 2016
Zacks Investment Research has downgraded Bed Bath & Beyond Inc.(NASDAQ:BBBY) to Sell in a report released on 9/19/2016.
Yesterday Bed Bath & Beyond Inc. (NASDAQ:BBBY) traded 0.39% higher at $43.20. Bed Bath & Beyond Inc.’s 50-day moving average is $45.16 and its two hundred day moving average is $45.99. With the last stock price down 5.70% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 1,311,751 shares of Bed Bath & Beyond Inc. traded hands, down from ann avg. volume of 2,507,830.
See Graphic Below:
Bed Bath & Beyond Inc. has a one-year low of $41.15 and a one-year high of $62.78 with a P/E ratio of 9. BBBY’s total market value is currently $0.0.
A total of 19 analysts have released a ratings update on BBBY. Two analysts rate the company a strong buy, 0 rate the company a buy, 19 firms rate the stock a hold, four analysts rate the stock to underperform, and finally two brokeragesrate the stock as sell with a 12-month target stock price of $47.74
General Company Details For Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Bed Bath & Beyond Inc. is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales. The Company sells a range of domestics merchandise and home furnishings. Domestics merchandise includes categories, such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and juvenile products. The Company operates approximately 1, 530 stores plus its various Websites, and other interactive platforms and distribution facilities.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.