Impact of Brokerage Rating on Bed Bath & Beyond Inc.(BBBY)

Many Bed Bath & Beyond Inc.(BBBY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Bed Bath & Beyond was Downgraded by Raymond James to Mkt Perform on Dec 22, 2016. Bed Bath & Beyond was Reiterated by Telsey Advisory Group on Dec 22, 2016 to Market Perform, Lowers Price Target to $ 43 from a previous price target of $45 .Bed Bath & Beyond was Initiated by Loop Capital on Dec 20, 2016 to Sell, Price Target of the shares are set at $35.

Company has reported several Insider transactions to the SEC, on Aug 15, 2016, Eugene A Castagna (Chief Operating Officer) sold 17,866 shares at 45.86 per share price.On May 12, 2016, Steven H Temares (Chief Executive Officer) sold 223,678 shares at 45.81 per share price.On Apr 22, 2016, Arthur Stark (President and CMO) sold 17,139 shares at 49.16 per share price.

Bed Bath & Beyond Last issued its quarterly earnings results on Dec 21, 2016. The company reported $0.85 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $0.98. The company had revenue of $2955.50 million for the quarter, compared to analysts expectations of $3010.62 million. The companys revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 3.27 by 16 Brokerage Firm. 13 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Bed Bath & Beyond Inc. (NASDAQ:BBBY): The mean short term price target for Bed Bath & Beyond Inc. (NASDAQ:BBBY) has been established at $42.31 per share. The higher price target estimate is at $49 and the lower price target estimate is expected at $35 according to 13 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.82

Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose 2.14% or 0.86 points on Tuesday and made its way into the gainers of the day. After trading began at $40.23 the stock was seen hitting $41.25 as a peak level and $40.23 as the lowest level. The stock ended up at $41.02. The daily volume was measured at 1,652,413 shares. The 52-week high of the share price is $52.71 and the 52-week low is $38.605. The company has a market cap of $6,166 million.

Bed Bath & Beyond is a nationwide operator of superstores selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. The Company offers a wide assortment of merchandise at everyday low prices that are substantially below regular department store prices and generally comparable to or below department store sale prices. The Companys domestics merchandise line includes items such as bed linens, bath accessories and kitchen textiles, and the companys home furnishings line.


For any feedback and suggestions contact author at

Add Comment