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KeyBanc recorded Bed Bath & Beyond (NASDAQ:BBBY), upping its target price to $21.00 today

Bed Bath & Beyond (NASDAQ:BBBY) had its target price raised to $21.00 by KeyBanc in an issued report issued 9/20/2017. The upped price target implies a potential downside of -0.22% from the company's most recent close.

Previously on Thursday September 14, 2017, UBS reported about Bed Bath & Beyond (NASDAQ:BBBY) reduced the target price from $33.00 to $30.00. At the time, this indicated a possible upside of 0.02%.

Having a price of $27.03, Bed Bath & Beyond (NASDAQ:BBBY) traded -0.99% lower on the day. With the last stock price close down -19.87% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. The company has recorded a 50-day moving average of $28.49 and a 200-day moving average of $33.73. 9,832,257 shares of Bed Bath & Beyond exchanged hands, up from an avg. volume of 3,920,580

Performance Chart

Bed Bath & Beyond (NASDAQ:BBBY)

Bed Bath & Beyond has a 52 week low of $26.54 and a one year high of $48.83 with a PE ratio of 6.22 Bed Bath & Beyond’s market capitalization is currently $0.

In addition to KeyBanc reporting its target price, a total of 19 firms have reported on BBBY. The one year target is $47.74 with two brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 19 firms rating the stock a hold, 4 brokerages rating the stock a underperform, and finally 2 brokerages rating the company a sell.

More About Bed Bath & Beyond (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, other interactive platforms and distribution facilities.

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