Big Lots – Consensus Indicates Potential 13.8% Upside

Broker Ratings

Big Lots with ticker code (BIG) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 63 and 45 with the average target price sitting at 52.78. Now with the previous closing price of 46.37 this is indicating there is a potential upside of 13.8%. The day 50 moving average is 46.52 and the 200 day moving average is 59.27. The market cap for the company is $1,513m. Company Website: http://www.biglots.com

Big Lots, through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, apparel, and hosiery departments. As of March 15, 2021, it operated 1,410 stores in 47 states and an e-commerce platform. Big Lots was founded in 1967 and is headquartered in Columbus, Ohio.

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