Raymond James analyst Bobby Griffin maintained a Buy rating on Best Buy Co (NYSE:BBY) on Monday, setting a price target of $130, which is approximately 13.11% above the present share price of $114.93.
Griffin expects Best Buy Co to post earnings per share (EPS) of $3.15 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Hold rating of shares in Best Buy Co, with an average price target of $119.54.
The analysts price targets range from a high of $150 to a low of $86.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $16.94 billion and a net profit of $1.18 billion. The company's market cap is $28.78 billion.
According to TipRanks.com, Raymond James analyst Bobby Griffin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.6% and a 78.87% success rate.
Founded in 1966, Minnesota-based Best Buy Co., Inc. is a consumer electronics company, which provides consumer technology products and services in the US, Canada and Mexico. It operates in two business segments: Domestic and International.