BJ’s Wholesale Club (NYSE:BJ) Given New $101.00 Price Target at JPMorgan Chase & Co.

BJ’s Wholesale Club (NYSE:BJ) had its price target lifted by JPMorgan Chase & Co. from $87.00 to $101.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other equities research analysts have also issued reports on BJ. Roth Mkm boosted their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. UBS Group boosted their target price on BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Jefferies Financial Group boosted their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Finally, Citigroup lifted their price target on BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $96.24.

BJ’s Wholesale Club Stock Down 0.9 %

Shares of BJ’s Wholesale Club stock opened at $100.15 on Monday. The stock’s fifty day moving average is $98.53 and its 200-day moving average is $91.28. The firm has a market capitalization of $13.23 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club has a 12-month low of $71.81 and a 12-month high of $108.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. lifted its position in shares of BJ’s Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock worth $1,787,000 after buying an additional 105 shares during the last quarter. Lifestyle Asset Management Inc. lifted its position in shares of BJ’s Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after buying an additional 108 shares during the last quarter. Gateway Investment Advisers LLC lifted its position in shares of BJ’s Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after buying an additional 111 shares during the last quarter. Covestor Ltd lifted its position in shares of BJ’s Wholesale Club by 66.5% in the fourth quarter. Covestor Ltd now owns 288 shares of the company’s stock worth $26,000 after buying an additional 115 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its position in shares of BJ’s Wholesale Club by 3.3% in the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after buying an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.