Bed Bath & Beyond (BBBY) Receives a Sell from Wells Fargo

In a report issued on April 10, Zachary Fadem from Wells Fargo reiterated a Sell rating on Bed Bath & Beyond (BBBYResearch Report). The company’s shares closed on Friday at $17.99.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 15.7% and a 71.3% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

Bed Bath & Beyond has an analyst consensus of Hold, with a price target consensus of $18.08.

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Bed Bath & Beyond’s market cap is currently $2.47B and has a P/E ratio of 7.92. The company has a Price to Book ratio of 0.85.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. It operates through the Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat!, Harmon or Harmon Face Values, buybuy BABY, and World Market, Cost Plus World Market or Cost Plus brands.

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