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Analysts Are Neutral on Top NA Stocks: Best Buy Co (BBY), Children’s Place (PLCE)

Analysts fell to the sidelines weighing in on Best Buy Co (BBYResearch Report) and Children’s Place (PLCEResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Best Buy Co (BBY)

Telsey Advisory analyst Joe Feldman maintained a Hold rating on Best Buy Co today and set a price target of $80.00. The company’s shares closed last Friday at $67.80.

According to TipRanks.com, Feldman is a 4-star analyst with an average return of 5.0% and a 53.3% success rate. Feldman covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Dollar General, and Hibbett Sports.

Currently, the analyst consensus on Best Buy Co is a Hold with an average price target of $78.27, a 17.3% upside from current levels. In a report issued on November 10, Wedbush also maintained a Hold rating on the stock with a $70.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Children’s Place (PLCE)

In a report released today, Dana Telsey from Telsey Advisory assigned a Hold rating to Children’s Place, with a price target of $24.00. The company’s shares closed last Friday at $21.01.

According to TipRanks.com, Telsey has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.2% and a 36.1% success rate. Telsey covers the NA sector, focusing on stocks such as The Estée Lauder Companies, aka Brands Holding Corp, and Birkenstock Holding plc.

The word on The Street in general, suggests a Hold analyst consensus rating for Children’s Place with a $32.25 average price target, which is a 50.3% upside from current levels. In a report issued on November 6, UBS also maintained a Hold rating on the stock with a $29.00 price target.

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