BJ's Wholesale Club

Following months upon months of rumors and conflicting reports, it seems as if BJ's Wholesale Club (NYSE: BJ) has finally reached a buyout deal with Leonard Green & Partners and CVC for $51.25 per share in cash. The total value will be approximately $2.8 billion. According to Seeking Alpha, BJ...

According to Goldman Sachs, BJ's Wholesale Club (NYSE: BJ) Buy rating is maintained. Goldman Sachs said that the New York Post reported today that BJ's is looking for closer to $55 per share from a joint bid by Leonard Green & Partners and CVC Capital Partners, versus an earlier reported bid...

Goldman Sachs is out with its report today on BJ's Wholesale Club (NYSE: BJ), maintaining Buy. In a note to clients, Goldman Sachs writes, "As the company continues to generate double-digit EBITDA growth, we expect valuation to revert to more normalized levels, regardless of deal speculation....

Goldman Sachs has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $59 to 460 and maintains its Buy rating.

Citigroup has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $52 to $56 and maintains its Hold rating.

According to Jefferies, BJ's Wholesale Club (NYSE: BJ) 1Q EPS is raised. Jefferies said that it is raising its 1Q EPS estimate to $0.56 reflecting on plan comp store sales. “We continue to primarily recommend BJ shares on the prospects of a going private transaction, and have raised our price...

Jefferies & Company has raised the price target on BJ's Wholesale Club (NYSE: BJ) from $55 to $60 and maintains its Buy rating.

Citi has reported that Leonard Green Partners and BJ's Wholesale Club, Inc. (NYSE: BJ) have entered into a confidentiality agreement to look into a possible acquisition. According to Citi, "Leonard Green Partners, L.P. (LGP) and BJ have entered into a confidentiality agreement which provides LGP...

In a report published by Wall Street Strategies, BJ's Wholesale Club (NYSE: BJ) price target and rating are reiterated. Wall Street Strategies said that, “We are reiterating our Buy recommendation and $53.00 price target on BJ's Wholesale (BJ). Today we learned that BJ's entered into a...

Citigroup reports that BJ's Wholesale Club, Inc.'s (NYSE: BJ) Dec. SSS of +3.8%, above Citigroup's (-1) to 1% estimate and consensus of +4.2%, and vs. +4.8% LY. “The contribution from sales of gas of was 2.4% while merchandise comparable club sales increased by approx,” Citigroup writes. “1.4%....

Citigroup has published a research report on BJ's Wholesale Club Inc. (NYSE: BJ) after the company reported 3Q results. In the report, Citigroup writes "BJ's delivered better-than-expected 3Q10 EPS of $0.43/share, ahead of our $0.35 estimate as well as guidance of $0.37. Also, BJ's raised its 2010...

BJ's Wholesale Club, Inc.'s (NYSE: BJ) October results reflect merchandise comparable club sales of +2.2% and higher gasoline sales of +1.5%, Citigroup reports. “Excluding sales of gas, traffic increased by approx. 2% in October, and the average transaction amount was approx. flat to last year,”...