Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Bed Bath & Beyond (BBBY – Research Report) and Lordstown Motors (RIDE – Research Report).
Bed Bath & Beyond (BBBY)
Telsey Advisory analyst Cristina Fernandez maintained a Hold rating on Bed Bath & Beyond today and set a price target of $28.00. The company’s shares closed last Friday at $22.95.
According to TipRanks.com, Fernandez is a 3-star analyst with an average return of
Currently, the analyst consensus on Bed Bath & Beyond is a Hold with an average price target of $30.73, representing a 32.6% upside. In a report issued on September 23, Robert W. Baird also maintained a Hold rating on the stock with a $33.00 price target.
See today’s analyst top recommended stocks >>
Lordstown Motors (RIDE)
Lordstown Motors received a Sell rating and a $5.00 price target from Goldman Sachs analyst Mark Delaney today. The company’s shares closed last Friday at $7.57, close to its 52-week low of $4.77.
According to TipRanks.com, Delaney is a 4-star analyst with an average return of
Currently, the analyst consensus on Lordstown Motors is a Moderate Sell with an average price target of $5.60, which is a -23.4% downside from current levels. In a report issued on September 16, Bank of America Securities also downgraded the stock to Sell with a $5.00 price target.
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.
Read More on BBBY:
- Analysts Offer Insights on Healthcare Companies: Acceleron Pharma (XLRN), Prothena (PRTA) and AstraZeneca (AZN)
- TotalEnergies, Safran Join Hands to Reduce CO2 Emissions
- Monday’s Pre-Market: Here’s What You Need to Know Before the Market Opens
- Intel Invests $20B in Two New Chip Factories in Arizona
- JMP Securities Sticks to Its Buy Rating for Evelo Biosciences (EVLO)
