Best Buy Co. (BBY) has an average broker rating of 2.64, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Best Buy Co. (BBY) : Average target price received by Best Buy Co. (BBY) is $32.79 with an expected standard deviation of $6.62. The most aggressive target on the stock is $45, whereas the most downbeat target is $21. 12 financial analysts are currently covering the stock.
Shares of Best Buy Co., Inc. rose by 14.34% in the last five trading days and 20.82% for the last 4 weeks. Best Buy Co., Inc. is up 29.62% in the last 3-month period. Year-to-Date the stock performance stands at 32.95%. Best Buy Co. (NYSE:BBY): stock turned positive on Tuesday. Though the stock opened at $38.36, the bulls momentum made the stock top out at $39.36 level for the day. The stock recorded a low of $37.66 and closed the trading day at $39.23, in the green by 19.60%. The total traded volume for the day was 40,456,127. The stock had closed at $32.8 in the previous days trading.
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers service to the consumers, small business owners and educators, who visit its stores, engage with Geek Squad agents or use its Websites or mobile applications. It has retail and online operations in the United States, Canada and Mexico. It operates through two segments: Domestic and International. The Domestic segment consists of all operations within the United States and its territories, operating e-commerce, retail store and call center operations under a range of brand names, including, Best Buy (bestbuy.com), Best Buy Mobile, Geek Squad, Magnolia Audio Video and Pacific Sales. The International segment consists of all operations outside the United States and its territories. In addition, the Company operates Magnolia Home Theater, Magnolia Design Center and Pacific Kitchen and Home store-within-a-store experiences in the United States Best Buy stores.