Bj’s Wholesale Club Holdings (BJ) Receives a Buy from TD Cowen

In a report released yesterday, Oliver Chen from TD Cowen maintained a Buy rating on Bj’s Wholesale Club Holdings, with a price target of $110.00.

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According to TipRanks, Chen is a 3-star analyst with an average return of 1.9% and a 47.39% success rate. Chen covers the Consumer Cyclical sector, focusing on stocks such as Ermenegildo Zegna, thredUP, and Tapestry.

In addition to TD Cowen, Bj’s Wholesale Club Holdings also received a Buy from Citi’s Steven Zaccone in a report issued yesterday. However, on the same day, Barclays maintained a Sell rating on Bj’s Wholesale Club Holdings (NYSE: BJ).

Based on Bj’s Wholesale Club Holdings’ latest earnings release for the quarter ending May 2, the company reported a quarterly revenue of $5.66 billion and a net profit of $142.73 million. In comparison, last year the company earned a revenue of $5.15 billion and had a net profit of $149.77 million

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year. Earlier this month, Eddy Robert W. , the President & CEO of BJ sold 8,000.00 shares for a total of $768,975.33.