The stocks of COST have their price target increased by the stock analysts working at The Goldman Sachs Group from a target price of $377 to a price of $415 in a Thursday research report. The brokerage has also put up a rating of buy on the stock of the retailer. The price target of the firm indicates an annual growth rate of 14.80% on the current price of the stock.
The Stock Commentary Of COST
There have been quite a few research firms that have quoted on the stocks of COST. Stifel Nicolaus has also increased the price target of the company from $370 to $385 with a rating of buy in a Thursday research report. DA Davidson has gone the other way, with a price target reduced from $390 to $325 with a rating of neutral in an 11th March research report.
Morgan Stanley has also increased the price target of the company from $400 to $410 with a rating of overweight in a 14th December research report. Loop Capital has decreased the price target of the company from $425 to $380 with a rating of buy in a 5th March research report.
Eight of the investment analysts have given the stocks a rating of hold, while nineteen of them have given a rating of buy. The consensus rating of the company is “buy” with a $388.72 price target.
The stocks of COST traded on Thursday at $2.69. The market cap of the firm is $159.98 billion, with a 37.11 PE ratio, and a 4.17 PEG ratio. The moving average price of the company over 50 days is $338.71, while the moving average price of the company over 200 days is $393.15.