Short Term Rating on Big Lots (BIG)

Big Lots (BIG) : Zacks Investment Research ranks Big Lots (BIG) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.92, which indicates as a Buy.

Big Lots (BIG) : The highest short term price target forecast on Big Lots (BIG) is $60 and the lowest target price is $42. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $53.08 with a standard deviation of $6.63.

For the current week, the company shares have a recommendation consensus of Buy.


Big Lots (NYSE:BIG): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.62 and $52.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.73, notching a gain of 0.34% for the day. The total traded volume was 1,184,145 . The stock had closed at $52.55 on the previous day.

Big Lots, Inc. is a United States-based discount retailer. As of December 31, 2014, the Company, through its wholly owned subsidiaries, operated 1,460 stores in 48 states. The Companys Food category includes beverage and grocery, candy and snacks, and specialty foods. Its Consumables category includes health and beauty, plastics, paper, chemical and pet departments. Its Soft Home category includes fashion bedding, utility bedding, bath, window, decorative textile and flooring, and the Hard Home category includes small appliances, table top, food preparation, stationery, greeting card, tools, paint and home maintenance departments. Its Furniture & Home Decor category includes upholstery, mattress, case goods, home decor and frames; the Seasonal category includes lawn & garden, summer, Christmas, toys, books, sporting goods and other holiday and its Electronics & Accessories category includes electronics, jewelry, apparel, hosiery and infant accessories departments.

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