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Costco Wholesale Corporation (NASDAQ:COST) target price lowered to $158.00, reported today by Barclays Capital

Costco Wholesale Corporation (NASDAQ:COST) had its stock price target reduced to $158.00 by Barclays Capital in a report issued 9/23/2016. The updated stock price target implies a possible upside of 0.03% based on the company's last closing price.

Yesterday Costco Wholesale Corporation (NASDAQ:COST) traded 0.14% higher at $152.87. The company’s 50-day moving average is $161.01 and its 200-day moving average is $156.36. The last closing price is down -1.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 516,125 shares of the stock traded hands, down from an average trading volume of 2,087,280

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Costco Wholesale Corporation (NASDAQ:COST)

Costco Wholesale Corporation has a 52 week low of $138.57 and a 52 week high of $169.73 with a P/E ratio of 28.99 The company’s market cap is currently $0.

In addition to Barclays Capital reporting its stock price target, a total of 21 brokers have issued a research note on the company. The average stock price target 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 (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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