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Best Buy Co Inc (NYSE:BBY) target price raised to $41.40, reported today by Vetr Inc.

Yesterday Best Buy Co Inc (NYSE:BBY) traded 0.15% higher at $39.83. The company’s 50-day moving average is $38.29 and its 200-day moving average is $33.58. The last stock close price is up 18.63% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 6,619,945 shares of the stock were exchanged, up from an average trading volume of 5,489,900

Best Buy Co Inc (NYSE:BBY) had its target price raised to $41.40 by Vetr Inc. in a report released 10/13/2016. The new target price indicates a possible upside of 0.04% based on the company's last stock close price.

Previously on 10/04/2016, Zacks Investment Research reported about Best Buy Co Inc (NYSE:BBY) raised the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Best Buy Co Inc (NYSE:BBY)

Best Buy Co Inc has a 52 week low of $25.31 and a 52 week high of $40.58 with a P/E ratio of 12.96 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $33.78 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Best Buy Co Inc (NYSE:BBY)

Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers products and services to the customers visiting its stores, engaging with Geek Squad agents or using its Websites or mobile applications. It operates through two segments: Domestic and International. The Domestic segment consists of the operations in all states, districts and territories of the United States, under various brand names, including Best Buy,, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, and Pacific Kitchen and Home. The International segment consists of all operations in Canada and Mexico under the brand names, Best Buy,,, Best Buy Express, Best Buy Mobile and Geek Squad. It Domestic and International segments have offerings in over six categories, such as consumer electronics, computing and mobile phones, entertainment, appliances, services and other.

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