Vetr Inc. upgraded Costco Wholesale Corporation (NASDAQ:COST) to Strong-Buy in a report released today.
- Updated: October 10, 2016
Vetr Inc. has upgraded Costco Wholesale Corporation (NASDAQ:COST) to Strong-Buy in a report released on 10/10/2016.
Previously on 9/30/2016, Citigroup reported on Costco Wholesale Corporation (NASDAQ:COST) reduced the target price from $172.00 to $167.00. At the time, this indicated a possible upside of 0.09%.
Just yesterday Costco Wholesale Corporation (NASDAQ:COST) traded 0.21% higher at $150.44. Costco Wholesale Corporation’s 50-day moving average is $155.49 and its 200-day moving average is $156.18. The last closing price is down -3.76% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 471,088 shares of COST traded hands, down from an average trading volume of 2,112,210
Recent Performance Chart
Costco Wholesale Corporation has 52 week low of $138.57 and a 52 week high of $169.73 with a PE ratio of 28.20 and has a market capitalization of $0.
In addition to Vetr Inc. 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.
Brief Synopsis On 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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