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Bed Bath & Beyond (NASDAQ:BBBY)‘s stock had its “sell” rating reiterated by Goldman Sachs in a research note issued on Thursday.

BBBY has been the subject of a number of other recent research reports. Analysts at Wedbush cut their price target on shares of Bed Bath & Beyond to $58.00 in a research note on Thursday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Bed Bath & Beyond in a research note on Thursday. They now have a $70.00 price target on the stock, down previously from $80.00. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Bed Bath & Beyond in a research note on Thursday. They now have a $70.00 price target on the stock, down previously from $72.00. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. Bed Bath & Beyond currently has an average rating of “Hold” and an average price target of $69.03.

Bed Bath & Beyond (NASDAQ:BBBY) traded down 9.18% during mid-day trading on Thursday, hitting $55.50. The stock had a trading volume of 10,531,011 shares. Bed Bath & Beyond has a 52-week low of $59.89 and a 52-week high of $80.82. The stock’s 50-day moving average is $61. and its 200-day moving average is $66.70. The company has a market cap of $11.181 billion and a P/E ratio of 12.76. Bed Bath & Beyond also was the target of unusually large options trading activity on Wednesday. Traders acquired 16,617 call options on the company. This is an increase of 274% compared to the typical daily volume of 4,448 call options.

Bed Bath & Beyond (NASDAQ:BBBY) last announced its earnings results on Wednesday, June 25th. The company reported $0.93 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.95 by $0.02. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter last year, the company posted $0.93 earnings per share. Bed Bath & Beyond’s revenue was up 1.7% compared to the same quarter last year. On average, analysts predict that Bed Bath & Beyond will post $5.05 earnings per share for the current fiscal year.

Bed Bath & Beyond Inc is a chain of retail stores, operating under the names Bed Bath & Beyond (NASDAQ:BBBY), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon), buybuy BABY and World Market or Cost Plus World Market (World Market).

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