The stocks of COST have seen their price target reduced by analysts working at Jefferies Financial Group to a sum of $405. This was published in a research report which was then sent to investors last Friday. Currently, the company has a rating of buy, as fixed by the brokerage firm. The price target of the company indicates an annual growth rate of 27.40% on the price of COST.
The Stock Commentary On COST
There have been several research equities that have had reports on the dealings of COST. DA Davidson has already gone ahead and reduced the price target of the company from a sum of $390 to $325, along with a rating of neutral in a Friday research report. The Royal Bank of Canada has also increased the price target of the company from a sum of $412 to $419, in a 5th November research report.
Robert W. Baird has also reduced the price target of the company from $410 to $395, along with a price rating of ‘outperform’ which was published in a Friday research report. Telsey Advisory Group has also ended up reducing the price target of the company from $430 to $375 with a rating of ‘outperform’ in a Friday research report. In the end, BMO Capital Markets ended up increasing the price target of the company from $385 to $430, in an 11th December research note.
Close to eleven research analysts have already given the stocks of this company a rating of hold, while twenty others have prescribed the company with a rating of buy. COST currently has a buy rating with a price target set at $376.35.
The stocks of COSTCO read on Friday at $1.14. The market cap of the firm has been set at $140.82 billion, with a 31.69 PE ratio, and a PEG ratio of around 4.17. The moving average price of the company over 50 days is $352.80, while the moving average price of the company over 200 days is $361.64.