Big Lots (NYSE:BIG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.92 by 13 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Citigroup maintains its ratings on Big Lots (NYSE:BIG). In the latest research report, Citigroup raises the target price from $53 per share to $62 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 6, 2016.
Big Lots (NYSE:BIG): 12 Analyst have given the stock of Big Lots (NYSE:BIG) a near short term price target of $52.92. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $6.54. The higher price target estimate is at $60 while the lower price estimates are fixed at $42.
Big Lots (NYSE:BIG) witnessed a decline in the market cap on Tuesday as its shares dropped 1.96% or 0.99 points. After the session commenced at $50.53, the stock reached the higher end at $50.77 while it hit a low of $49.57. With the volume soaring to 1,289,346 shares, the last trade was called at $49.59. The company has a 52-week high of $53.35. The company has a market cap of $2,200 million and there are 44,373,821 shares in outstanding. The 52-week low of the share price is $33.78.
Big Lots Inc. has dropped 2.17% in the last five trading days, however, the shares have posted positive gains of 14.09% in the last 4 weeks. Big Lots Inc. is up 11.13% in the last 3-month period. Year-to-Date the stock performance stands at 29.8%.
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.