Log in

Best Buy Price Target & Analyst Ratings (NYSE:BBY)

$82.05
+1.73 (+2.15 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$81.22
Now: $82.05
$82.49
50-Day Range
$69.60
MA: $75.29
$82.05
52-Week Range
$47.72
Now: $82.05
$83.63
Volume3.70 million shs
Average Volume2.93 million shs
Market Capitalization$21.63 billion
P/E Ratio15.42
Dividend Yield2.49%
Beta1.14

Analyst Ratings

Best Buy (NYSE:BBY) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
22 Wall Street analysts have issued ratings and price targets for Best Buy in the last 12 months. Their average twelve-month price target is $82.67, suggesting that the stock has a possible upside of 0.75%. The high price target for BBY is $100.00 and the low price target for BBY is $73.00. There are currently 11 hold ratings and 11 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.502.582.532.50
Ratings Breakdown: 0 Sell Rating(s)
11 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
9 Hold Rating(s)
9 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
9 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
9 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $82.67$78.56$76.64$77.40
Price Target Upside: 0.75% upside12.99% upside20.00% upside17.38% upside

Best Buy (NYSE:BBY) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Best Buy (NYSE:BBY) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/27/2019Raymond JamesReiterated RatingBuy$100.00Low
11/27/2019NomuraBoost Price TargetNeutral$73.00 ➝ $81.00Low
11/27/2019Morgan StanleyBoost Price TargetEqual Weight$70.00 ➝ $77.00Low
11/27/2019Royal Bank of CanadaUpgradeBuy$74.00 ➝ $86.00Medium
11/27/2019GuggenheimUpgradeBuy$80.00 ➝ $90.00Medium
11/27/2019BarclaysUpgradeBuy$75.00 ➝ $90.00Medium
11/27/2019Piper Jaffray CompaniesUpgradeBuy$86.00 ➝ $97.00Medium
11/26/2019WedbushReiterated RatingHold$76.00Medium
10/8/2019Wolfe ResearchInitiated CoverageBuy$82.00Low
9/26/2019Telsey Advisory GroupBoost Price TargetMarket Perform$70.00 ➝ $75.00Low
9/24/2019Jefferies Financial GroupSet Price TargetBuy$80.00High
9/18/2019Loop CapitalSet Price TargetBuy$90.00Low
8/26/2019Bank of AmericaSet Price TargetHold$75.00Low
7/11/2019Goldman Sachs GroupInitiated CoverageBuy ➝ Neutral$73.00High
6/18/2019Cleveland ResearchReiterated RatingNeutral ➝ NeutralMedium
3/25/2019OppenheimerDowngradeBuy ➝ Market PerformLow
3/20/2019Evercore ISIInitiated CoverageIn-line ➝ In-Line$75.00Low
3/1/2019CitigroupBoost Price TargetNeutral ➝ Neutral$72.00 ➝ $77.00Medium
2/28/2019Credit Suisse GroupUpgradeNeutral ➝ Buy$70.00 ➝ $78.00Low
2/28/2019Wells Fargo & CoUpgradeBuyLow
1/11/2019Deutsche BankReiterated RatingBuyLow
12/19/2018Moffett NathansonUpgradeSell ➝ NeutralMedium
8/29/2018JPMorgan Chase & Co.Boost Price TargetNeutral ➝ Neutral$76.00 ➝ $79.00Low
3/2/2018UBS GroupReiterated RatingNeutral ➝ Neutral$70.00 ➝ $77.00Medium
(Data available from 12/7/2017 forward)
This page was last updated on 12/7/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel