Analysts Offer Insights on Consumer Goods Companies: and Bed Bath & Beyond (BBBY)


There’s a lot to be optimistic about in the Consumer Goods sector as 1 analysts just weighed in on and Bed Bath & Beyond (BBBY) with bullish sentiments.

Bed Bath & Beyond (BBBY)

In a report issued on July 14, Bobby Griffin from Raymond James maintained a Buy rating on Bed Bath & Beyond. The company’s shares closed last Wednesday at $13.36.

According to TipRanks.com, Griffin is a 5-star analyst with an average return of 22.1% and a 67.6% success rate. Griffin covers the Consumer Goods sector, focusing on stocks such as Alimentation Couche Tard, Casey’s General, and Leggett & Platt.

The word on The Street in general, suggests a Hold analyst consensus rating for Bed Bath & Beyond with a $10.08 average price target, implying a -28.2% downside from current levels. In a report issued on July 8, Merrill Lynch also reiterated a Buy rating on the stock with a $16.00 price target.

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