Price Target Watch: Bed Bath & Beyond Inc. (NASDAQ:BBBY), Transocean Ltd. (NYSE:RIG)

In the most recent session, Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares have traded -1.10%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-0.34 away from the 50-day moving average of $39.09 and $-2.54 away from the 200-day moving average of $41.29. From a different angle, the stock has been recently recorded -20.64% off of the 52-week high of 48.83 and +3.94% removed from the 52-week low of 37.28. 

Currently, Bed Bath & Beyond Inc. has a price to earnings ratio of 8.46. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.43.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $39.05 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

In the most recent session, Transocean Ltd. (NYSE:RIG) shares have traded -0.27%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-1.06 away from the 50-day moving average of $12.09 and $-1.75 away from the 200-day moving average of $12.78. From a different angle, the stock has been recently recorded -33.79% off of the 52-week high of 16.66 and +27.07% removed from the 52-week low of 8.68. 

Currently, Transocean Ltd (Switzerland) has a price to earnings ratio of 5.30. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of -3.81.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $13.99 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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