A statement released earlier today by Vetr Inc. about Ross Stores, Inc. (NASDAQ:ROST) raises the target price to $65.00
- Updated: September 17, 2016
Stating a possible upside of 0.01%, Vetr Inc. upped the price target of Ross Stores, Inc. (NASDAQ:ROST) to $65.
On 8/19/2016, RBC Capital Markets reported about Ross Stores, Inc.(NASDAQ:ROST) raised the target price from $56.00 to $65.00. At the time, this indicated a possible upside of 0.03%.
Showing a price of $64.48, Ross Stores, Inc. (NASDAQ:ROST) traded 0.03% lower on the day. The last stock price close is up 6.90% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the date range. Ross Stores, Inc. has recorded a 50-day average of $62.32 and two hundred day moving average of $57.93. 2,934,647 shares of the stock exchanged hands, up from ann average volume of 2,758,150
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With a total market value of $0.0, Ross Stores, Inc. has a P/E of 24 with a one-year low of $43.47 and a one-year high of $66.28.
A total of 22 firms have released a research note on Ross Stores, Inc.. Eight firms rate the company a strong buy, eight firms rate the stock a buy, 12 analyts rate the company a hold, one analyst rate the stock to underperform, and lastly 0 brokeragesrate the stock as sell with a consensus target price of $59.98
More About Ross Stores, Inc. (NASDAQ:ROST)
Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company and its subsidiaries operate two brands of off-price retail apparel and home fashion stores: Ross Dress for Less (Ross) and dd’s DISCOUNTS. Ross is an off-price apparel and home fashion chain in the United States, with approximately 1, 274 locations in over 34 states, the District of Columbia and Guam. Ross’ target customers are primarily from middle income households. The Company operates approximately 172 dd’s DISCOUNTS stores in over 15 states. Both Ross and dd’s DISCOUNTS brands target value-conscious women and men between the ages of 18 and 54. The Company owns and operates approximately six distribution processing facilities, including three in California, one in Pennsylvania, and and two in South Carolina.
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