Big Lots Inc. (NYSE:BIG)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Barclays PLC in a research report issued on Tuesday. They currently have a $51.00 price target on the stock. Barclays PLC’s target price would indicate a potential upside of 0.77% from the stock’s current price.

Other analysts have also recently issued reports about the company. MKM Partners reiterated a “buy” rating and issued a $60.00 price objective on shares of Big Lots in a research note on Thursday, August 25th. Zacks Investment Research cut Big Lots from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. Deutsche Bank AG reiterated a “hold” rating and issued a $49.00 price objective on shares of Big Lots in a research note on Tuesday, August 2nd. Northcoast Research cut Big Lots from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 2nd. Finally, Citigroup Inc. reduced their price objective on Big Lots from $62.00 to $59.00 and set a “buy” rating on the stock in a research note on Thursday, September 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $49.72.

Analyst Recommendations for Big Lots (NYSE:BIG)

Shares of Big Lots (NYSE:BIG) opened at 50.61 on Tuesday. Big Lots has a 1-year low of $33.78 and a 1-year high of $56.30. The firm’s 50-day moving average price is $46.91 and its 200 day moving average price is $49.38. The stock has a market cap of $2.25 billion, a P/E ratio of 15.75 and a beta of 0.82.

TRADEMARK VIOLATION NOTICE: This report was originally published by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be accessed at http://www.dailypolitical.com/2016/12/01/big-lots-inc-big-rating-reiterated-by-barclays-plc.html.

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Big Lots by 3.7% in the second quarter. Vanguard Group Inc. now owns 5,015,377 shares of the company’s stock worth $251,320,000 after buying an additional 179,162 shares in the last quarter. Wells Fargo & Company MN raised its position in Big Lots by 0.9% in the third quarter. Wells Fargo & Company MN now owns 1,787,088 shares of the company’s stock worth $85,334,000 after buying an additional 16,296 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its position in Big Lots by 6.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,779,471 shares of the company’s stock worth $84,970,000 after buying an additional 114,424 shares in the last quarter. Acadian Asset Management LLC raised its position in Big Lots by 472.4% in the second quarter. Acadian Asset Management LLC now owns 1,767,743 shares of the company’s stock worth $88,582,000 after buying an additional 1,458,925 shares in the last quarter. Finally, AJO LP raised its position in Big Lots by 36.0% in the second quarter. AJO LP now owns 1,701,741 shares of the company’s stock worth $85,274,000 after buying an additional 450,417 shares in the last quarter.

Big Lots Company Profile

5 Day Chart for NYSE:BIG

Receive News & Ratings for Big Lots Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big Lots Inc. and related companies with MarketBeat.com's FREE daily email newsletter.