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What is Wall Street's Target Price for Barnes & Noble Education Inc (BNED) Stock Monday?

Monday, January 22, 2024 03:15 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Barnes & Noble Education Inc (BNED) Stock Monday?

Wall Street is positive on Barnes & Noble Education Inc (BNED). On average, analysts give BNED a Buy rating. The average price target is $4, which means analysts expect the stock to climb by 334.78% over the next twelve months. That average ranking earns BNED an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating BNED a Buy today. Find out what this means to you and get the rest of the rankings on BNED!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Barnes & Noble Education Inc Stock Today?

Barnes & Noble Education Inc (BNED) stock is trading at $0.92 as of 3:11 PM on Monday, Jan 22, an increase of $0.06, or 7.49% from the previous closing price of $0.86. The stock has traded between $0.87 and $0.97 so far today. Volume today is 1,480,828 compared to average volume of 1,691,241. Click Here to get the full Stock Report for Barnes & Noble Education Inc stock.

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