In a report released today, Paul Trussell from Deutsche Bank maintained a Buy rating on Bj’s Wholesale Club Holdings (BJ), with a price target of $27.00. The company’s shares closed last Monday at $23.36.
According to TipRanks.com, Trussell is a 4-star analyst with an average return of 3.6% and a 59.0% success rate. Trussell covers the Services sector, focusing on stocks such as Burlington Stores, Dollar General, and Kroger Company.
Bj’s Wholesale Club Holdings has an analyst consensus of Strong Buy, with a price target consensus of $30.90, a 30.7% upside from current levels. In a report issued on November 8, BMO Capital also initiated coverage with a Buy rating on the stock with a $30.00 price target.
See today’s analyst top recommended stocks >>
Based on Bj’s Wholesale Club Holdings’ latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $55.09 million. In comparison, last year the company had a net profit of $54.43 million.
Based on the recent corporate insider activity of 133 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
