Nomura Maintains a Buy Rating on Bj’s Wholesale Club Holdings (BJ)


In a report released today, Michael Baker from Nomura maintained a Buy rating on Bj’s Wholesale Club Holdings (BJ), with a price target of $33.00. The company’s shares closed last Monday at $23.61.

According to TipRanks.com, Baker is a 3-star analyst with an average return of 0.7% and a 53.2% success rate. Baker covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Burlington Stores.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bj’s Wholesale Club Holdings with a $28.67 average price target, which is a 22.2% upside from current levels. In a report issued on March 16, Gordon Haskett Capital Corporation also upgraded the stock to Buy.

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The company has a one-year high of $31.19 and a one-year low of $18.84. Currently, Bj’s Wholesale Club Holdings has an average volume of 2.16M.

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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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