UBS Reiterates Buy Rating on BJ's Wholesale (BJ)

UBS analyst Mark Carden reiterated a Buy rating and $135.00 price target on BJ's Wholesale (NYSE: BJ).

The analyst commented, "We're expecting BJ's to demonstrate continued demand for its membership offering in 2Q, even if its comp growth softens sequentially on the back of a tougher compare. We think its consumables business probably led the way once again, with the company benefitting from its investments in Fresh 2.0 and market share capture from Stop & Shop's late 2024 store closures. That said, we don't expect big ticket items to be much of a driver as the co's core consumers likely remained a bit stretched & more focused on everyday needs."

For an analyst ratings summary and ratings history on BJ's Wholesale click here. For more ratings news on BJ's Wholesale click here.

Shares of BJ's Wholesale closed at $107.89 yesterday.

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