In a report issued on March 12, Brian McNamara from Berenberg Bank maintained a Buy rating on Bj’s Wholesale Club Holdings (BJ – Research Report), with a price target of $82.00. The company’s shares closed last Friday at $61.02.
According to TipRanks.com, McNamara is ranked 0 out of 5 stars with an average return of -7.9% and a 34.4% success rate. McNamara covers the Consumer Goods sector, focusing on stocks such as Grocery Outlet Holding, Canada Goose Holdings, and Burlington Stores.
Currently, the analyst consensus on Bj’s Wholesale Club Holdings is a Moderate Buy with an average price target of $68.27, representing a 12.3% upside. In a report issued on March 4, D.A. Davidson also maintained a Buy rating on the stock with a $72.00 price target.
Bj’s Wholesale Club Holdings’ market cap is currently $8.3B and has a P/E ratio of 19.76.
Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year.
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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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