Morgan Stanley Sticks to Its Hold Rating for Bj’s Wholesale Club Holdings (BJ)
Morgan Stanley analyst Simeon Gutman maintained a Hold rating on Bj’s Wholesale Club Holdings today and set a price target of $100.00.
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According to TipRanks, Gutman is a 4-star analyst with an average return of 3.8% and a 59.48% success rate. Gutman covers the Consumer Cyclical sector, focusing on stocks such as AutoZone, Best Buy Co, and Acushnet Holdings.
In addition to Morgan Stanley, Bj’s Wholesale Club Holdings also received a Hold from TipRanks – Anthropic’s Anthropic Discount Stores in a report issued yesterday. However, today, Wells Fargo maintained a Buy rating on Bj’s Wholesale Club Holdings (NYSE: BJ).
Based on Bj’s Wholesale Club Holdings’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $5.58 billion and a net profit of $125.85 million. In comparison, last year the company earned a revenue of $5.28 billion and had a net profit of $122.66 million
Based on the recent corporate insider activity of 55 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. Last month, Laura L. Felice, the EVP & CFO of BJ sold 8,400.00 shares for a total of $881,580.00.
Read More on BJ:
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