Bed Bath & Beyond (BBBY) Gets a Sell Rating from Citigroup


In a report released today, Kate McShane from Citigroup maintained a Sell rating on Bed Bath & Beyond (BBBY), with a price target of $10. The company’s shares opened today at $13.07, close to its 52-week low of $11.99.

According to TipRanks.com, McShane is a 5-star analyst with an average return of 9.7% and a 65.2% success rate. McShane covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Ralph Lauren Corp.

Bed Bath & Beyond has an analyst consensus of Moderate Sell, with a price target consensus of $14.54.

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Bed Bath & Beyond’s market cap is currently $1.78B and has a P/E ratio of 5.09. The company has a Price to Book ratio of 0.61.

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Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. It operates through the Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat!, Harmon or Harmon Face Values, buybuy BABY, and World Market, Cost Plus World Market or Cost Plus brands.

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