Barnes & Noble Education Inc (NYSE:BNED) has coverage initiated with a Buy rating and $7.00 price target

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Analyst Ratings For Barnes & Noble Education Inc (NYSE:BNED)

Today, Needham & Company LLC initiated coverage on Barnes & Noble Education Inc (NYSE:BNED) with a Buy with a price target of $7.00.

There are 1 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Barnes & Noble Education Inc (NYSE:BNED) is Buy with a consensus target price of $7.00 per share, a potential 47.06% upside.

Some recent analyst ratings include

  • 4/8/2019-Barnes & Noble Education Inc (NYSE:BNED) has coverage initiated with a Buy rating and $7.00 price target
  • 2/27/2019-Barnes & Noble Education Inc (NYSE:BNED) gets downgraded to Neutral by Sidoti
  • 9/1/2017-Barnes & Noble Education Inc (NYSE:BNED) had its Buy rating reiterated by BWS Financial with a $14.00 price target
  • 8/31/2017-Barnes & Noble Education Inc (NYSE:BNED) had its Buy rating reiterated by Craig Hallum with a $10.00 price target
  • On 2/26/2019 Abrams Capital Management, L.P, Major Shareholder, sold 445,340 with an average share price of $7.48 per share and the total transaction amounting to $3,331,143.20.
  • On 2/22/2019 Abrams Capital Management, L.P, Major Shareholder, sold 894,440 with an average share price of $7.16 per share and the total transaction amounting to $6,404,190.40.
  • On 8/27/2018 John R Ryan, Director, bought 20,040 with an average share price of $4.97 per share and the total transaction amounting to $99,598.80.
  • On 8/23/2018 Michael Huseby, Chairman, bought 18,200 with an average share price of $5.42 per share and the total transaction amounting to $98,644.00.
  • On 6/22/2018 Abrams Capital Management, L.P, Major Shareholder, sold 194,023 with an average share price of $7.83 per share and the total transaction amounting to $1,519,200.09.
  • On 4/27/2018 Abrams Capital Management, L.P, Major Shareholder, sold 47,387 with an average share price of $7.44 per share and the total transaction amounting to $352,559.28.
  • On 3/1/2018 Abrams Capital Management, L.P, Major Shareholder, sold 124,101 with an average share price of $8.01 per share and the total transaction amounting to $994,049.01.

About Barnes & Noble Education Inc (NYSE:BNED)
Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Barnes & Noble College, MBS Textbook Exchange, and Digital Student Solutions. The Barnes & Noble College segment sells and rents course material; offers a suite of digital content, software, and services through its LoudCloud platform, as well as e-textbooks; and sells general merchandise, including collegiate and athletic apparel, other custom-branded school spirit products, technology, supplies, and convenience items. It also operates 86 customized cafés and 18 stand-alone convenience stores; and a media channel for brands targeting the college demographic. As of April 28, 2018, this segment operated 768 physical bookstores; and 87 True Spirit sites. The MBS Textbook Exchange segment is involved in the operation of virtual bookstores, which offer course materials, including new and used print and digital textbooks; and textbook distribution activities, as well as sale of inventory management, hardware, and point-of-sale solutions. This segment operates 676 virtual bookstores, including 454 virtual bookstores; and sources and sells new and used textbooks to approximately 3,500 physical college bookstores. The Digital Student Solutions segment offers direct-to-student product and service offerings to assist students to studying effectively and enhancing academic performance. It provides subscription-based writing services to approximately 100,000 subscribers through its digital properties, as well as tutoring and test prep services offered through its partnership with The Princeton Review. Barnes & Noble Education, Inc. was founded in 1873 and is headquartered in Basking Ridge, New Jersey.

Recent Trading Activity for Barnes & Noble Education Inc (NYSE:BNED)
Shares of Barnes & Noble Education Inc closed the previous trading session at 4.76 up +0.12 2.59% with shares trading hands.