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Costco (NASDAQ:COST) stock price target increased to $178.00, issued a research note today by RBC Capital

Yesterday Costco (NASDAQ:COST) traded -1.29% lower at $147.49. The company’s 50-day moving average is $158.53 and its 200-day moving average is $156.31. The last closing price is down -5.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 4,501,430 shares of the stock traded hands, up from an average trading volume of 2,085,780

In a report released on 9/30/2016 RBC Capital increased the stock price target of Costco (NASDAQ:COST) from $177.00 to $178.00 indicating a possible upside of 0.21%.

Previously on Friday September 23, 2016, Barclays Capital reported on Costco (NASDAQ:COST) reduced the target price from $180.00 to $158.00. At the time, this indicated a possible upside of 0.03%.

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Costco has a 52 week low of $138.57 and a one year high of $169.73 with a PE ratio of 27.88 Costco’s market capitalization is presently $0.

A total of 21 analysts have released a research note on COST. 5 firms rating the stock a strong buy, 14 brokers rating the stock a buy, ten equity analysts rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a consensus target price of $167.76.

About Costco (NASDAQ:COST)

Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. The Company's warehouses generally operate on a seven-day, 69-hour week. The Company's product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Company's online business provides products, which include services, such as photo processing, pharmacy, travel, business delivery, and membership services.

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