Do Analysts Agree Friday on Bed Bath & Beyond Inc (BBBY) Stock's Target Price?

Friday, March 24, 2023 10:54 AM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Bed Bath & Beyond Inc (BBBY) Stock's Target Price?

InvestorsObserver is giving Bed Bath & Beyond Inc (BBBY) an Analyst Rating Rank of 0, meaning BBBY is ranked higher by analysts than 0% of stocks. The average price target for BBBY is $1.35 and analyst’s rate the stock as a Sell.

Wall Street analysts are rating BBBY a Sell today. Find out what this means to you and get the rest of the rankings on BBBY!

See Full BBBY Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Bed Bath & Beyond Inc Stock Today?

Bed Bath & Beyond Inc (BBBY) stock has gained 2.14% while the S&P 500 is down -0.56% as of 10:50 AM on Friday, Mar 24. BBBY is up $0.02 from the previous closing price of $0.79 on volume of 10,150,676 shares. Over the past year the S&P 500 is lower by -13.13% while BBBY is down -96.38%. BBBY lost -$15.21 per share the over the last 12 months. Click Here to get the full Stock Report for Bed Bath & Beyond Inc stock.