Barnes & Noble (BKS) : The highest level Barnes & Noble (BKS) is projected to reach is $19 for the short term and the lowest estimate is at $17. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $17.88 and the possibility the share price can swing is $1.24.
Barnes & Noble (BKS) : 1 brokerage houses believe that Barnes & Noble (BKS) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Barnes & Noble (BKS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Buy with a rating of 2.33.
Also, Sidoti & Co. initiates coverage on Barnes & Noble (NYSE:BKS) The current rating of the shares is Neutral. The rating by the firm was issued on August 18, 2016.
Barnes & Noble (NYSE:BKS): The stock opened at $11.47 on Thursday but the bulls could not build on the opening and the stock topped out at $11.54 for the day. The stock traded down to $11.23 during the day, due to lack of any buying support eventually closed down at $11.43 with a loss of -0.26% for the day. The stock had closed at $11.46 on the previous day. The total traded volume was 759,718 shares.
Barnes & Noble, Inc. is a retailer of content, digital media and educational products. The Companys segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content, commerce and technology company, which provides access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. The Companys principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), childrens books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on barnesandnoble.com. The Company operates approximately 648 bookstores in around 50 states.