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Big Lots (NYSE:BIG) has been given an average recommendation of “Buy” by the fifteen ratings firms that are currently covering the stock, American Banking and Market News reports. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $41.42.

Big Lots (NYSE:BIG) traded down 0.46% during mid-day trading on Wednesday, hitting $37.19. The stock had a trading volume of 183,116 shares. Big Lots has a one year low of $25.50 and a one year high of $40.24. The stock has a 50-day moving average of $38.80 and a 200-day moving average of $34.10. The company has a market cap of $2.163 billion and a P/E ratio of 17.30.

Big Lots (NYSE:BIG) last released its earnings data on Friday, March 7th. The company reported $1.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.42 by $0.03. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the company posted $2.09 earnings per share. The company’s quarterly revenue was down 6.7% on a year-over-year basis. Analysts expect that Big Lots will post $2.38 EPS for the current fiscal year.

A number of research firms have recently commented on BIG. Analysts at Deutsche Bank raised their price target on shares of Big Lots from $40.00 to $42.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Big Lots from $42.00 to $45.00 in a research note on Tuesday, May 6th. They now have an “overweight” rating on the stock. Finally, analysts at KeyCorp reiterated a “buy” rating on shares of Big Lots in a research note on Tuesday, April 29th. They now have a $47.00 price target on the stock.

Big Lots, Inc, through its wholly owned subsidiaries, is a North America’s closeout retailer. At January 28, 2012, the Company operated a total of 1,533 stores in two countries: the United States and Canada.

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