01:50 PM EDT, 05/22/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price to $137 from $129, about 30x our FY 26 (Jan.) EPS of $4.58 (up from $4.31; FY 27 up to $5.08 from $4.86). While the target multiple represents a premium to BJ's historical average (19x), it remains at a discount to big-box and club peers. Also, we believe the premium is warranted given the company's accelerated pace of new club openings, noting 25 to 30 new clubs expected over the next two years, compared to just 10 total between 2016 and 2020. Q1 FY 26 results were strong, but shares are trading slightly lower, as the company did not raise its full-year outlook. Management cited increased reinvestment plans and a cautious stance amid macroeconomic and tariff-related uncertainties. That said, BJ is relatively insulated from tariff risks due to its sales mix, with grocery accounting for 71% of FY 25 revenue. We maintain our Buy rating, citing healthy comparable sales growth, strong membership metrics (including higher-tier penetration), and plenty of club expansion runway.