Officemax Stock Rating Lowered by BB&T (OMX)

BB&T lowered shares of Officemax (NYSE: OMX) from a buy rating to a hold rating in a report released on Wednesday. BB&T currently has $12.00 target price on the stock.

Several other analysts have also recently commented on the stock. Analysts at BB&T Capital Mkts downgraded shares of Officemax from a buy rating to a hold rating in a research note to investors on Wednesday. Separately, analysts at KeyBanc downgraded shares of Officemax from a buy rating to a hold rating in a research note to investors on Thursday, January 24th. Finally, analysts at KeyBanc downgraded shares of Officemax from a buy rating to a hold rating in a research note to investors on Thursday, January 24th.

Officemax opened at 11.64 on Wednesday. Officemax has a 52-week low of $4.10 and a 52-week high of $14.92. The stock’s 50-day moving average is currently $10.74. The company has a market cap of $1.010 billion and a price-to-earnings ratio of 2.25.

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