The opening price for Best Buy Co., Inc. (NYSE:BBY) was $54.95 and the volume amounted to 2.85 million shares which compares with the average volume of 4.66 million shares. The company stock experienced a -0.34% move to arrive at $54.91.Best Buy Co., Inc. (BBY) Analyst Opinion
Best Buy Co., Inc. has a consensus hold rating from 26 Wall Street analysts, and the number of shares currently sold short amount to at least 12.53% of shares outstanding. The stock sank -6.31% last month and is up 28.69 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover BBY having a buy-equivalent rating. Analysts have placed a $60.33 price target on Best Buy Co., Inc., suggesting a 9.87% gain from recent close. It’s currently trading about -13.28% below its 52-week high.
Best Buy Co., Inc. (BBY) surprised the stock market in its last reported earnings when it earned $0.69 a piece versus the consensus-estimated $0.63. Its revenue totaled $8.65 billion up 1.48% from the previous quarter.Best Buy Co., Inc. (NYSE:BBY) Intraday View
This stock (BBY) is ahead of its 52-week low with 48.01%. Its last month’s stock price volatility remained 2.52% which for the week stands at 2.59%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.9% and stays -4.77% away from its 50 days moving average. Over the last five days, shares have faced -7% losses and now is up 5.58% since hitting its 200-day moving average of $55.39. Best Buy Co., Inc. (BBY) has made its way to a 12-month gain of 39.68%.
Turning to Air Products and Chemicals, Inc. (NYSE:APD), its shares were trading at $153.22 a retreat of $-0.24, on the trading floor. The stock, after opening at $153.89, touched a high of $154.26 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.3. Air Products and Chemicals, Inc. has 5 buy ratings, 6 holds and 0 sells even after the stock tumbled -0.77% from its high of $154.41 to a $33.37 billion market value through last close.
The company’s consensus rating on Reuter’s scale slipped from 2.2 to 2.15 during a month. Analysts set a 12-month price target of $160.57 a share. The target implies a 4.8% spike from where the shares are currently trading. Also, the current price highlights a discount of 14.21% to analysts’ high consensus price target.Air Products and Chemicals, Inc. (NYSE:APD) Intraday Trading
The counter witnessed a trading volume of 0.93 million shares versus an average volume of 1.42 million shares during last trading session. Its last month’s stock price volatility remained 0.82% which for the week approaches 0.83%. The lowest price the stock reached in the last trading day was $152.25 and compares with the $129 52-week low. The stock recovered 18.78% since its low point and has performed 6.54% year-to-date.