Barclays PLC upgraded Costco Wholesale Corporation (NASDAQ:COST) to Overweight in a report released earlier today.
- Updated: April 20, 2017
Having a price of $170.15, Costco Wholesale Corporation (NASDAQ:COST) traded 0.05% higher on the day. With the last close up 5.76% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. COST has recorded a 50-day average of $168.33 and a two hundred day average of $160.88. Trade Volume was down over the average, with 1,933,527 shares of COST changing hands under the typical 2,263,860
Barclays PLC has upgraded Costco Wholesale Corporation (NASDAQ:COST) to Overweight in a statement released on Thursday April 20, 2017.
Recent Performance Chart
Costco Wholesale Corporation has price-earnings ratio of 31.39 with a one year low of $138.57 and a one year high of $178.71 and has a market cap of $0.
In addition to Barclays PLC reporting its target price, a total of 21 brokers have issued a report on the stock. The consensus target price is $167.76 with 5 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world. The Company's average warehouse space is approximately 144,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include foods (including dry foods, packaged foods and groceries); sundries (including snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli and bakery); softlines (including apparel and small appliances), and other (including gas stations and pharmacy).
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