Best Buy Co Inc (NYSE:BBY) price target raised to $74.00 by Telsey Advisory Group

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Analyst Ratings For Best Buy Co Inc (NYSE:BBY)

Today, Telsey Advisory Group raised its price target on Best Buy Co Inc (NYSE:BBY) to $74.00 per share.

There are 11 Hold Ratings, 5 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Best Buy Co Inc (NYSE:BBY) is Hold with a consensus target price of $74.8667 per share, a potential 8.79% upside.

Some recent analyst ratings include

  • 2/27/2019-Best Buy Co Inc (NYSE:BBY) gets upgraded to Neutral by Bank of America with a price target of $50.00
  • 2/22/2019-Best Buy Co Inc (NYSE:BBY) had its Neutral rating reiterated by Wedbush with a $65.00 price target
  • 1/11/2019-Best Buy Co Inc (NYSE:BBY) had its Buy rating reiterated by Deutsche Bank
  • 12/19/2018-Best Buy Co Inc (NYSE:BBY) gets upgraded to Neutral by Moffett Nathanson
  • 11/27/2018-Best Buy Co Inc (NYSE:BBY) had its Buy rating reiterated by Loop Capital
  • On 10/19/2018 Corie S Barry, CFO, sold 6,783 with an average share price of $72.80 per share and the total transaction amounting to $493,802.40.
  • On 10/2/2018 Corie S Barry, CFO, sold 2,982 with an average share price of $78.35 per share and the total transaction amounting to $233,639.70.
  • On 9/28/2018 Mathew Watson, SVP, sold 33 with an average share price of $78.80 per share and the total transaction amounting to $2,600.40.
  • On 9/12/2018 Mathew Watson, SVP, sold 2,131 with an average share price of $77.88 per share and the total transaction amounting to $165,962.28.
  • On 9/5/2018 Asheesh Saksena, Insider, sold 26,309 with an average share price of $80.07 per share and the total transaction amounting to $2,106,561.63.
  • On 9/4/2018 Keith J Nelsen, General Counsel, sold 33,473 with an average share price of $80.38 per share and the total transaction amounting to $2,690,559.74.
  • On 8/29/2018 Patricia H Walker, Insider, sold 5,000 with an average share price of $77.66 per share and the total transaction amounting to $388,300.00.

About Best Buy Co Inc (NYSE:BBY)
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide consumer electronics, including digital imaging, health and fitness, home automation, home theater, and portable audio products; computing and mobile phones, such as computing and peripherals, networking products, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, including drones, movies, music, and technology toys, as well as gaming hardware and software, and virtual reality and other software products. The company's stores also offer appliances, which comprise dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, etc.; and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.ca, and bestbuy.com.mx brand names, as well as through mobile applications and call centers. It has approximately 1,200 large-format and 300 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

Recent Trading Activity for Best Buy Co Inc (NYSE:BBY)
Shares of Best Buy Co Inc closed the previous trading session at 68.82 up +8.56 14.21% with 68.27 shares trading hands.