Big Lots – Consensus Indicates Potential 17.0% 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 77 and 45 and has a mean target at 55.44. Given that the stocks previous close was at 47.38 this is indicating there is a potential upside of 17.0%. The 50 day MA is 52.42 and the 200 moving average now moves to 62.34. The market capitalisation for the company is $1,552m. You can visit the company’s website by visiting: 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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