InvestorsKeyhole Upgrades & Downgrades

Best Buy (BBY) Stock Upgraded to Buy

Analysts at Jefferies raised their rating on shares of Best Buy (BBY) stock from “Hold” to “Buy” on Wednesday.

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BBY
About Best Buy Co. Inc.

Best Buy is one of the largest consumer electronics retailers in the U.S., with product sales representing 10% of the $383 billion retail industry in calendar 2018 using estimates from the Consumer Technology Association. The company is focused on accelerating online sales growth, improving its multichannel customer experience, launching new in-store and in-home service offerings, optimizing its U.S., Canada, and Mexico retail store square footage, reducing cost of goods sold through supply chain efficiencies, and reducing SG&A costs.

  • Last Price:
    $68.41
  • Previous Close:
    $67.94
  • Change:
    $0.47 (0.69%)
  • Open:
    $67.73
  • Volume:
    2,174,666
  • Average Volume (100 Day):
    2,644,105
  • Market Capitalization:
    $18.0 B
  • Day's Range:
    $67.50 - $69.04
  • Dividend Yield:
    2.94%
  • 52-week Range:
    $79 - $47.72
  • P-E:
    11.80
  • EPS:
    $5.49
  • Earnings Date:
    11/19/19
  • Ex Dividend Date:
    9/18/19
  • Sector:
    Consumer Cyclical
  • Industry:
    Specialty Retail
  • Analyst Average Recommendation:
    Moderate Buy

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