Bed Bath & Beyond Inc. (NASDAQ:BBBY) price target lowered to $13.00 by Bank of America

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Analyst Ratings For Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Today, Bank of America lowered its price target on Bed Bath & Beyond Inc. (NASDAQ:BBBY) to $13.00 per share.

There are 10 Hold Ratings, 8 Sell Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on Bed Bath & Beyond Inc. (NASDAQ:BBBY) is Hold with a consensus target price of $16.8571 per share, a potential 14.44% upside.

Some recent analyst ratings include

  • 9/27/2018-Bed Bath & Beyond Inc. (NASDAQ:BBBY) had its Underweight ➝ Underweight rating reiterated by JPMorgan Chase & Co. with a $14.00 price target

Recent Insider Trading Activity For Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Bed Bath & Beyond Inc. (NASDAQ:BBBY) has insider ownership of 5.50% and institutional ownership of 93.17%.

  • On 7/5/2018 Eugene A Castagna, Insider, sold 25,000 with an average share price of $20.81 per share and the total transaction amounting to $520,250.00.
  • On 12/28/2017 Matthew Fiorilli, VP, sold 16,957 with an average share price of $22.62 per share and the total transaction amounting to $383,567.34.
  • On 12/28/2017 Matthew Fiorilli, VP, sold 16,957 with an average share price of $22.62 per share and the total transaction amounting to $383,567.34.
  • On 5/9/2017 Steven H Temares, CEO, sold 96,109 with an average share price of $37.37 per share and the total transaction amounting to $3,591,593.33.
  • On 4/26/2017 Matthew Fiorilli, VP, sold 44,664 with an average share price of $39.56 per share and the total transaction amounting to $1,766,907.84.
  • On 4/21/2017 Arthur Stark, Insider, sold 8,933 with an average share price of $39.73 per share and the total transaction amounting to $354,908.09.
  • On 4/21/2017 Steven H Temares, CEO, sold 200,000 with an average share price of $39.83 per share and the total transaction amounting to $7,966,000.00.

About Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries. As of March 3, 2018, the company had a total of 1,552 stores, includes 1,017 Bed Bath & Beyond stores in 50 states, the District of Columbia, Puerto Rico, and Canada; 276 stores under the names of World Market, Cost Plus World Market, or Cost Plus; 119 buybuy BABY stores; 83 stores under the Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! names; and 57 stores under the Harmon, Harmon Face Values, or Face Values. It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, christmastreeshops.com, andthat.com, buybuybaby.com, buybuybaby.ca, harborlinen.com, t-ygroup.com, worldmarket.com, ofakind.com, onekingslane.com, personalizationmall.com, chefcentral.com, and decorist.com. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned limited edition items from emerging fashion and home designers; One Kings Lane, an authority in home décor and design that offers a collection of selected home goods, and designer and vintage items; PersonalizationMall.com, an online retailer of personalized products; Chef Central, an online retailer of kitchenware, cookware, and homeware items catering to cooking and baking enthusiasts; and Decorist, an online interior design platform that provides personalized home design services. Bed Bath & Beyond Inc. was founded in 1971 and is based in Union, New Jersey.

Recent Trading Activity for Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Shares of Bed Bath & Beyond Inc. closed the previous trading session at 14.82 −3.99 21.23% with 41703010 shares trading hands.