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Stock analysts at SunTrust cut their target price on shares of Big 5 Sporting Goods (NASDAQ:BGFV) from $17.00 to $15.00 in a report issued on Tuesday. SunTrust’s price target indicates a potential upside of 32.04% from the stock’s previous close.

Shares of Big 5 Sporting Goods (NASDAQ:BGFV) traded down 0.62% on Tuesday, hitting $11.29. 44,541 shares of the company’s stock traded hands. Big 5 Sporting Goods has a one year low of $11.00 and a one year high of $24.65. The stock’s 50-day moving average is $11.96 and its 200-day moving average is $14.22. The company has a market cap of $248.6 million and a P/E ratio of 11.14.

A number of other analysts have also recently weighed in on BGFV. Analysts at Zacks reiterated an “underperform” rating on shares of Big 5 Sporting Goods in a research note on Tuesday, June 3rd. They now have a $11.00 price target on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Big 5 Sporting Goods in a research note on Monday, May 12th. They now have a $11.00 price target on the stock, down previously from $14.00. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $15.40.

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States, operating 414 stores in 12 states under the Big 5 Sporting Goods name as of December 30, 2012.

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