Best Buy (BBY)
(Real Time Quote from BATS)
$82.66 USD
+0.79 (0.97%)
Updated Mar 28, 2024 10:44 AM ET
3-Hold of 5 3
A Value A Growth F Momentum A VGM
Best Buy (BBY) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$85.82 | $101.00 | $70.00 | 4.82% |
Price Target
Based on short-term price targets offered by 17 analysts, the average price target for Best Buy comes to $85.82. The forecasts range from a low of $70.00 to a high of $101.00. The average price target represents an increase of 4.82% from the last closing price of $81.87.
Analyst Price Targets (17)
Broker Rating
Best Buy currently has an average brokerage recommendation (ABR) of 2.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 2.57 a month ago based on 21 recommendations.
Of the 21 recommendations deriving the current ABR, eight are Strong Buy, representing 38.1% of all recommendations. A month ago, Strong Buy represented 28.57%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 6 | 5 | 5 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 11 | 11 | 13 | 13 | 13 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.38 | 2.38 | 2.57 | 2.65 | 2.65 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
3/20/2024 | Telsey Advisory Group | Joseph Feldman | Hold | Strong Buy |
3/1/2024 | Wedbush Securities | Seth Basham | Hold | Hold |
3/1/2024 | Truist Securities | Scot Ciccarelli | Hold | Hold |
2/29/2024 | Guggenheim Securities | Steven Forbes | Strong Buy | Strong Buy |
2/29/2024 | Not Identified | Not Identified | Hold | Hold |
2/13/2024 | D.A. Davidson | Michael Baker | Strong Buy | Strong Buy |
2/9/2024 | Loop Capital Markets | Anthony C Chukumba | Strong Buy | Strong Buy |
2/1/2024 | Exane BNP Paribas | Chris J Bottiglieri | Hold | Hold |
11/22/2023 | Evercore Partners | Gregory S Melich | Not Available | Hold |
8/29/2023 | KeyBanc Capital Markets | Bradley B Thomas | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.38 |
ABR (Last week) | 2.38 |
# of Recs in ABR | 21 |
Average Target Price | $85.82 |
LT Growth Rate | 6.40% |
Industry | Retail - Consumer Electronics |
Industry Rank by ABR | 91 of 252 |
Current Quarter EPS Est: | 1.08 |