Piper Sandler analyst Peter Keith maintained a Sell rating on Big Lots (BIG – Research Report) today and set a price target of $3.50. The company’s shares closed yesterday at $5.27.
According to TipRanks, Keith is a 5-star analyst with an average return of 9.5% and a 50.11% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Dollar Tree, Savers Value Village Inc., and Best Buy Co.
In addition to Piper Sandler, Big Lots also received a Sell from Goldman Sachs’s Kate McShane in a report issued yesterday. However, on November 28, Telsey Advisory maintained a Hold rating on Big Lots (NYSE: BIG).
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BIG market cap is currently $153.9M and has a P/E ratio of -0.33.
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Big Lots (BIG) Company Description:
Big Lots, Inc. engages in the operation of retail stores. It operates through the Discount Retailing segment which includes merchandising categories such as furniture, seasonal, soft home, food, consumables, hard home, and electronics, toys, and accessories. The company was founded by Sol A. Shenk in 1967 and is headquartered in Columbus, OH.
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