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Best Buy Co Inc 25.3% Potential Upside Indicated by RBC Capital Mkts

Best Buy Co Inc with TICKER NYSE:BBY had its stock rating noted as ‘Reiterated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Mkts. Best Buy Co Inc are listed in the Consumer Services sector within NYSE. RBC Capital Mkts have set their target price at 44 USD on its stock. This now indicates the analyst believes there is a potential upside of 25.3% from the opening price of 35.11 USD. Best Buy Co Inc NYSE:BBY has a 50 day moving average of 37.85 USD and a 200 Day Moving Average share price is recorded at 36.37 USD. The 52 week high share price is 42 USD while the 52 week low for the share price is 24.71 USD.


Best Buy Co Inc NYSE:BBY is a multinational, multichannel retailer of technology products, including tablets and computers, televisions, mobile phones, large and small appliances, entertainment products, digital imaging and related accessories. The Company also offers technology services including technical support, repair and installation under the Geek Squad brand. The Company operates e-commerce operations, retail stores and call centers and conduct operations under a variety of names, such as Best Buy (BestBuy.com, BestBuy.ca), Best Buy Mobile, Five Star, Future Shop (FutureShop.ca), Geek Squad, Magnolia Audio Video and Pacific Sales. The Company operates in two segments: Domestic and International. The Domestic segment consisted of the operations in all states, districts and territories of the United States. The International segment is consisted of all operations outside the United States and its territories.

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