Do Analysts Expect Bath & Body Works Inc (BBWI) Stock to Rise After It Is Lower By -4.69% in a Month?

2022-04-02 07:12:45 By : Ms. Kelly Lu

Wall Street is positive on Bath & Body Works Inc (BBWI). On average, analysts give BBWI a Strong Buy rating. The average price target is $80.684, which means analysts expect the stock to rise by 66.19% over the next twelve months. That average ranking earns BBWI an Analyst Rating of 62, which is better than 62% of stocks based on data compiled by InvestorsObserver. Wall Street analysts are rating BBWI a Strong Buy today. Find out what this means to you and get the rest of the rankings on BBWI! See Full BBWI Report Why are Analyst Ratings Important? A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors. What's Happening With Bath & Body Works Inc Stock Today? Bath & Body Works Inc (BBWI) stock is trading at $48.55 as of 12:59 PM on Thursday, Mar 31, a decline of -$1.35, or -2.71% from the previous closing price of $49.90. The stock has traded between $48.31 and $49.79 so far today. Volume today is light. So far 2,420,156 shares have traded compared to average volume of 4,612,412 shares. Click Here to get the full Stock Report for Bath & Body Works Inc stock.

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