Best Buy Co (BBY) to Release Earnings on Tuesday
Best Buy Co (NYSE:BBY) will release its earnings data on Tuesday, August 26th. Persons interested in registering for the company’s earnings conference call can do so using this link.
Shares of Best Buy Co (NYSE:BBY) opened at 31.20 on Monday. Best Buy Co has a 52-week low of $22.15 and a 52-week high of $44.66. The stock has a 50-day moving average of $30.2 and a 200-day moving average of $27.46. The company has a market cap of $10.883 billion and a price-to-earnings ratio of 10.17.
A number of analysts have recently weighed in on BBY shares. Analysts at Piper Jaffray reiterated a “buy” rating on shares of Best Buy Co in a research note on Friday. On the ratings front, analysts at Citigroup Inc. raised their price target on shares of Best Buy Co from $31.00 to $36.00 in a research note on Friday, July 11th. They now have a “buy” rating on the stock. Finally, analysts at Morgan Stanley reiterated a “buy” rating on shares of Best Buy Co in a research note on Wednesday, June 25th. Four investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $40.92.
Best Buy Co, Inc is a multinational, multichannel retailer of technology products, including tablets and computers, televisions, mobile phones, large and small appliances, entertainment products, digital imaging and related accessories.
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