Citigroup Keeps a Buy Rating on Bj’s Wholesale Club Holdings Inc (BJ)


Citigroup analyst Kate McShane maintained a Buy rating on Bj’s Wholesale Club Holdings Inc (BJ) today and set a price target of $32. The company’s shares closed on Friday at $27.40.

According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.0% and a 67.2% success rate. McShane covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Wal-Mart Stores Inc, and Advance Auto Parts.

Currently, the analyst consensus on Bj’s Wholesale Club Holdings Inc is a Moderate Buy with an average price target of $30.25, which is a 10.4% upside from current levels. In a report issued on March 20, Evercore ISI also initiated coverage with a Buy rating on the stock with a $30 price target.

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Based on Bj’s Wholesale Club Holdings Inc’s latest earnings release for the quarter ending January 31, the company reported a quarterly net profit of $64.31 million. In comparison, last year the company had a net profit of $66.71 million.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock.

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BJ’s Wholesale Club Holdings, Inc. engages in the operation of warehouse club. The company was founded on June 24, 2011 and is headquartered in Westborough, MA.

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