Best Buy Co Inc (NYSE:BBY) target price raised to $43.00, reported today by Zacks Investment Research
- Updated: October 4, 2016
Boasting a price of $38.24, Best Buy Co Inc (NYSE:BBY) traded -0.38% lower on the day. With the last close up 14.51% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Best Buy Co Inc has recorded a 50-day average of $37.42 and a two hundred day average of $33.22. Volume of trade was down over the average, with 2,286,515 shares of BBY changing hands under the typical 5,434,020
Best Buy Co Inc (NYSE:BBY) had its price target upped to $43.00 by Zacks Investment Research in an issued report announced 10/04/2016. The latest stock price target implies a possible upside of 0.12% from the company's last stock close price.
Previously on 10/03/2016, Vetr Inc. reported about Best Buy Co Inc (NYSE:BBY) raised the target price from $0.00 to $39.59 that suggested an upside of 0.04%.
With a total market value of $0, Best Buy Co Inc has price-earnings ratio of 12.38 with a one year low of $25.31 and a one year high of $40.58 .
A total of 19 analysts have released a research note on BBY. Four analysts rating the company a strong buy, five analysts rating the company a buy, twelve analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $33.78.
More 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, bestbuy.com, 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, bestbuy.com.ca, bestbuy.com.mx, 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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