Analysts take a look at Bed Bath & Beyond Inc. (NASDAQ:BBBY) having this to say.

December 15, 2017 - By Marry Poplack

 Analysts take a look at Bed Bath & Beyond Inc. (NASDAQ:BBBY) having this to say.
Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.13, from 0.88 in 2017Q1. It is negative, as 77 investors sold Bed Bath & Beyond Inc. shares while 140 reduced holdings. 44 funds opened positions while 118 raised stakes. 133.60 million shares or 0.63% more from 132.77 million shares in 2017Q1 were reported.
Credit Agricole S A stated it has 150,130 shares. Northwestern Mutual Wealth Management invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Next has invested 0% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Hutchin Hill Limited Partnership owns 56,100 shares or 0.06% of their US portfolio. Pennsylvania-based Vanguard Grp Inc has invested 0.02% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Dynamic Management reported 1.88% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Mogy Joel R Invest Counsel owns 69,360 shares or 0.36% of their US portfolio. Engineers Gate Manager Ltd Partnership holds 121,264 shares or 0.33% of its portfolio. Delta Asset Management Ltd Tn has invested 1% in Bed Bath & Beyond Inc. (NASDAQ:BBBY). Moreover, Rampart Investment Mngmt Commerce Limited Liability has 0.02% invested in Bed Bath & Beyond Inc. (NASDAQ:BBBY). First Quadrant Ltd Partnership Ca has 4,653 shares for 0% of their portfolio. Arizona State Retirement Systems holds 0.02% of its portfolio in Bed Bath & Beyond Inc. (NASDAQ:BBBY) for 35,964 shares. M&T Fincl Bank accumulated 0% or 7,976 shares. Zebra Cap Mngmt Ltd Llc owns 34,535 shares or 0.33% of their US portfolio. Renaissance Techs Ltd Liability Com holds 0.09% or 2.25M shares in its portfolio.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Ratings Coverage

Among 30 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 7 Sell and 21 Hold. Therefore 7% are positive. Bed Bath & Beyond had 67 analyst reports since September 21, 2015 according to SRatingsIntel. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by Citigroup on Thursday, April 7. Telsey Advisory Group maintained the stock with “Market Perform” rating in Wednesday, December 23 report. The rating was initiated by Topeka Capital Markets on Tuesday, May 24 with “Sell”. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by KeyBanc Capital Markets on Wednesday, September 20. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Sell” rating by Citigroup on Thursday, September 22. Cantor Fitzgerald downgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) on Friday, November 20 to “Hold” rating. On Friday, September 25 the stock rating was maintained by Credit Agricole with “Neutral”. Jefferies maintained the shares of BBBY in report on Thursday, August 31 with “Hold” rating. On Friday, September 25 the stock rating was upgraded by TelseyAdvisory Group to “Market Perform”. Jefferies initiated the shares of BBBY in report on Thursday, October 8 with “Hold” rating. Below is a list of Bed Bath & Beyond Inc. (NASDAQ:BBBY) latest ratings and price target changes.

04/12/2017 Broker: Moffett Nathanson Rating: Neutral Initiates Coverage On
15/11/2017 Broker: KeyBanc Capital Markets Rating: Underweight Old Target: $21 New Target: $17 Maintain
31/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain
20/09/2017 Broker: Jefferies Rating: Hold New Target: $25.0 Maintain
20/09/2017 Broker: Bank of America Rating: Underperform Old Target: $27 New Target: $22 Maintain
20/09/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $40 New Target: $30 Maintain
20/09/2017 Broker: Credit Suisse Rating: Hold New Target: $25.0 Maintain
20/09/2017 Broker: KeyBanc Capital Markets Rating: Sell New Target: $21.0 Maintain
19/09/2017 Broker: Loop Capital Markets Rating: Hold New Target: $35.0
18/09/2017 Broker: Robert W. Baird Rating: Neutral Old Target: $35 New Target: $28 Maintain

The stock increased 1.09% or $0.245 during the last trading session, reaching $22.705. About 1.36M shares traded. Bed Bath & Beyond Inc. (NASDAQ:BBBY) has declined 16.34% since December 15, 2016 and is downtrending. It has underperformed by 33.04% the S&P500.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $3.25 billion. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and juvenile products. It has a 5.8 P/E ratio. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries.

More notable recent Bed Bath & Beyond Inc. (NASDAQ:BBBY) news were published by: Fool.com which released: “Why Bed Bath & Beyond Inc. Stock Popped Today” on December 04, 2017, also Nasdaq.com with their article: “Bed, Bath & Beyond Reaches Analyst Target Price” published on December 05, 2017, Nasdaq.com published: “Will Bed Bath & Beyond (BBBY) Disappoint in Q3 Earnings?” on December 13, 2017. More interesting news about Bed Bath & Beyond Inc. (NASDAQ:BBBY) were released by: Seekingalpha.com and their article: “Buy Bed Bath Before Amazon Does” published on November 21, 2017 as well as Reuters.com‘s news article titled: “Bed Bath & Beyond secures attorneys’ fees in ‘weak’ patent case” with publication date: December 09, 2017.

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